HYANNIS — The robust seller’s market continues across the Cape and Islands, with the median sale price of a single-family home climbing to $625,500 in September, up from $619,000 a month earlier and $550,000 in September 2020, according to the Cape Cod & Islands Association of Realtors.
The median price for a condo slipped by a hair’s breadth, from $402,000 in August to $400,000 in September, but still shows a substantial gain from $353,750 in September last year.
Inventory remains stubbornly low, according to the data. In a report on its website, the association said that 416 single-family homes and 117 condominiums sold in September, down from 563 single-family homes and 154 condos a year ago.
Putting the Cape Cod real estate market in perspective
Sales pending at the end of September were 413 for single-family homes and 126 for condominiums — a 30.4% decrease from a year ago and a 28% decrease from a month ago,…