Cape’s real estate market again sets median sales price record – News – The Register

The Cape Cod real estate market continued its surge in August, continuing to set records – as did June and July – for residential real estate sales in Barnstable County.

The median sales price for August was $545,000 for a single-family home, a new record for a single month on the Cape, and $363,750 for condominiums.

Buoyed by the second-most transactions in a single month (the first being in July 2020) since 2000, the most volume was transacted in residential real estate at more than $464 million in the month.

According to preliminary data released last week by the Cape Cod & Islands Association of REALTORS® (CCIAOR), 655 homes sold in August: 509 single-family homes and 146 condominiums.

Median sales price was $545,000 for single-family homes and $363,750 for condominiums.

Last August, 487 homes (390 single-family homes and 97 condos) sold at a median price of…