Market Report | YTD September 2021 | Outer Cape Presented by Mark Lynett
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Average Sales Price | Single Family Provincetown (Town)
Truro (Town)
Wellfleet (Town)
$2.0M
$1,719,718
$1.5M $1,415,885
$1,255,400 $1,146,479
$1.0M
$988,078 $891,787 $782,385
$752,717
$744,069
$0.5M
$0
+23.5% 2019
-20.8%
-1.1%
+21.5%
+60.5%
+19.9%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Single-Family Detached Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Average Sales Price | Condominiums Provincetown (Town)
Truro (Town)
Wellfleet (Town)
$800K
$713,582 $656,955
$600K
$583,448
$400K
$387,128 $360,000 $340,300
$338,100 $317,545 $287,988
$200K
$0
+12.6% 2019
-0.6%
+10.3%
+8.6%
+14.5%
+13.4%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Condo/Townhouse Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Homes for Sale | Single Family Provincetown (Town)
Truro (Town)
Wellfleet (Town)
80
65 60
50 42 40
33 27 23 20
13 10 6 0
-30.3% 2019
-35.4%
-46.0%
-43.5%
-76.2%
-77.8%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Single-Family Detached Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Homes for Sale | Condominiums Provincetown (Town)
Truro (Town)
Wellfleet (Town)
140
120
118
100
86 80
60
40
28
24
24
20
10
10
7
1 0
-27.1% 2019
+16.7%
+42.9%
-72.1%
-64.3%
-90.0%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Condo/Townhouse Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Median Days on Market | Single Family Barnstable County
Provincetown (Town)
Truro (Town)
Wellfleet (Town)
175
154 150
130 123
125
100
92
90
75
55
52
50
44
25
16
19
17
8 0
-20.0%
2019
-41.6%
+41.3%
-57.7%
-81.8%
-82.2%
-85.4%
-67.3%
2020 2021 Barnstable County & Provincetown (Town) & Truro (Town) & Wellfleet (Town): Single-Family Detached Each data point represents year-to-date activity. Data is from October 8, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Median Days on Market | Condominiums Barnstable County
Provincetown (Town)
Truro (Town)
Wellfleet (Town)
120
104
103
100
90 86 78
80
71 62 60
56
40
33
35
17
20
10 0
-9.7%
2019
+4.7%
+45.1%
-25.0%
-82.1%
-63.3%
-66.0%
-78.2%
2020 2021 Barnstable County & Provincetown (Town) & Truro (Town) & Wellfleet (Town): Condo/Townhouse Each data point represents year-to-date activity. Data is from October 8, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Average Days on Market | Single Family Provincetown (Town)
Truro (Town)
Wellfleet (Town)
200
171
167
150
140
140
131
130
100
74
49
50
0
-18.1% 2019
+19.3%
+0.8%
-65.0%
45
-55.7%
-65.6%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Single-Family Detached Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Average Days on Market | Condominiums Provincetown (Town)
Truro (Town)
Wellfleet (Town)
175
146
150
134
134 126
121
125
116
98
100
89 77 75
50
25
0
+15.5% 2019
+9.0%
-4.0%
-26.9%
-39.0%
-36.4%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Condo/Townhouse Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September New Listings | Single Family Provincetown (Town)
Truro (Town)
Wellfleet (Town)
120
100
91 84 80
74
73
60
52
50
48
48
51
40
20
0
+8.3% 2019
-18.7%
-13.1%
-3.8%
-35.1%
-30.1%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Single-Family Detached Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September New Listings | Condominiums Provincetown (Town)
Truro (Town)
Wellfleet (Town)
250
200
201 177
150
128
100
50
44
38
41 18
18
9 0
-11.9% 2019
+15.8%
0.0%
-27.7%
-6.8%
-50.0%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Condo/Townhouse Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Homes for Sale | Single Family Provincetown (Town)
Truro (Town)
Wellfleet (Town)
80
65 60
50 42 40
33 27 23 20
13 10 6 0
-30.3% 2019
-35.4%
-46.0%
-43.5%
-76.2%
-77.8%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Single-Family Detached Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Homes for Sale | Condominiums Provincetown (Town)
Truro (Town)
Wellfleet (Town)
140
120
118
100
86 80
60
40
28
24
24
20
10
10
7
1 0
-27.1% 2019
+16.7%
+42.9%
-72.1%
-64.3%
-90.0%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Condo/Townhouse Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Pending Sales | Single Family Provincetown (Town)
Truro (Town)
Wellfleet (Town)
80
71 66 60
57 52 49 46 43 40
40
21 20
0
+90.5% 2019
+34.7%
+24.6%
+7.5%
-30.3%
-26.8%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Single-Family Detached Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Pending Sales | Condominiums Provincetown (Town)
Truro (Town)
Wellfleet (Town)
175
150
142
139 125
121
100
75
50
36
32 24
25
16 9
8 0
+14.9%
2019
+100.0%
+200.0%
+2.2%
+12.5%
-62.5%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Condo/Townhouse Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Closed Sales | Single Family Provincetown (Town)
Truro (Town)
Wellfleet (Town)
70
60
58 54 50
50
51 48
48
40
37
36 30
22 20
10
0
+63.6% 2019
+2.0%
+20.8%
+2.8%
-5.9%
-6.9%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Single-Family Detached Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Closed Sales | Condominiums Provincetown (Town)
Truro (Town)
Wellfleet (Town)
140
120
115
113
109 100
80
60
37
40
28 22 20
16 9
8 0
-5.2%
2019
+75.0%
+175.0%
+3.7%
+32.1%
-59.1%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Condo/Townhouse Each data point represents year-to-date activity. Data is from October 8, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Median Percent of Last List Price | Single Family Barnstable County
Provincetown (Town)
Truro (Town)
Wellfleet (Town)
120.0%
100.8%
100.0%
97.3% 93.9%
95.0%
95.7%
97.9% 93.6%
95.4%
96.8%
98.5% 100.0% 100.0%
80.0%
60.0%
40.0%
20.0%
0.0%
+0.6%
2019
-0.3%
+0.4% +1.1%
+3.0% +5.2% +4.8% +3.3%
2020 2021 Barnstable County & Provincetown (Town) & Truro (Town) & Wellfleet (Town): Single-Family Detached Each data point represents year-to-date activity. Data is from October 8, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Median Percent of Last List Price | Condominiums Barnstable County
Provincetown (Town)
Truro (Town)
Wellfleet (Town)
120.0%
100.0%
97.1%
96.8%
97.8%
96.3%
97.2%
96.2% 97.6%
100.0% 98.7%
100.0% 97.3%
93.4%
80.0%
60.0%
40.0%
20.0%
0.0%
+0.7% +0.4%
2019
-0.1%
+4.5%
+2.2% +1.5% +1.1% +2.5%
2020 2021 Barnstable County & Provincetown (Town) & Truro (Town) & Wellfleet (Town): Condo/Townhouse Each data point represents year-to-date activity. Data is from October 8, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Average Percent of Last List Price | Single Family Provincetown (Town)
Truro (Town)
Wellfleet (Town)
120.0%
101.8% 100.1% 100.2%
100.0%
94.4%
93.1%
95.3%
96.6%
93.3%
94.5%
-1.2%
+1.5% +1.4%
80.0%
60.0%
40.0%
20.0%
0.0% 2019
+7.3% +6.0% +5.4%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Single-Family Detached Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Average Percent of Last List Price | Condominiums Provincetown (Town)
Truro (Town)
Wellfleet (Town)
120.0%
100.0%
100.6% 96.4%
96.4%
94.6%
97.2%
96.7%
96.1%
+0.3%
-0.3% +2.7%
98.6%
99.5%
80.0%
60.0%
40.0%
20.0%
0.0% 2019
+4.0% +2.6% +2.4%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Condo/Townhouse Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Dollar V olume of Closed Sales | Single Family Provincetown (Town)
Truro (Town)
Wellfleet (Town)
$70M $63,629,553 $60,259,200
$60M
$50,971,877 $49,403,900
$50M
$48,156,500
$43,156,030 $39,901,650
$40M $36,130,418
$30M $25,222,547
$20M
$10M
$0
+102.1%
2019
-19.2%
+19.4%
+24.8%
+51.0%
+11.6%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Single-Family Detached Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Average Percent of Last List Price | Condominiums Provincetown (Town)
Truro (Town)
Wellfleet (Town)
120.0%
100.0%
100.6% 96.4%
96.4%
94.6%
97.2%
96.7%
96.1%
+0.3%
-0.3% +2.7%
98.6%
99.5%
80.0%
60.0%
40.0%
20.0%
0.0% 2019
+4.0% +2.6% +2.4%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Condo/Townhouse Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Dollar V olume of Closed Sales | Single Family Provincetown (Town)
Truro (Town)
Wellfleet (Town)
$70M $63,629,553 $60,259,200
$60M
$50,971,877 $49,403,900
$50M
$48,156,500
$43,156,030 $39,901,650
$40M $36,130,418
$30M $25,222,547
$20M
$10M
$0
+102.1%
2019
-19.2%
+19.4%
+24.8%
+51.0%
+11.6%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Single-Family Detached Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Dollar V olume of Closed Sales | Condominiums Provincetown (Town)
Truro (Town)
Wellfleet (Town)
$100M
$80,634,735
$80M $71,608,133 $67,096,520
$60M
$40M
$20M $14,323,726 $9,466,805 $6,986,000
$5,444,803
$3,239,999
$2,303,900
$0
+6.7%
2019
+73.9%
+203.2%
+12.6%
+51.3%
-53.6%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Condo/Townhouse Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Months Supply of Homes for Sale | Single Family Provincetown (Town)
Truro (Town)
Wellfleet (Town)
15.0
13.0 12.5
12.1
10.0
9.1 8.1 7.5
6.6
5.0
4.3 2.8
2.5
1.3 0.8 0.0
-45.5% 2019
-37.7%
-52.7%
-57.6%
-84.0%
-81.4%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Single-Family Detached Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.
Mark Lynett
Office: (518) 879-9838 Cell: (518) 879-9838 mark.lynett@gibsonsir.com
Gibson Sotheby's International Realty
September Months Supply of Homes for Sale | Condominiums Provincetown (Town)
Truro (Town)
Wellfleet (Town)
15.0
13.4 12.5
10.0
9.3
9.6
7.5
6.6 6.1 5.2 5.0
2.5
2.5
1.3 0.4 0.0
-29.0% 2019
+39.6%
+17.3%
-80.3%
-81.3%
-93.4%
2020 2021 Provincetown (Town) & Truro (Town) & Wellfleet (Town): Condo/Townhouse Each data point represents year-to-date activity. Data is from October 7, 2021.
All data from data provided by Cape Cod and Islands Association of REALTORS®. InfoSparks © 2021 ShowingTime.