Home Prices On Cape Begin To Cool

The Cape and Islands Association of Realtors says the real estate market here on Cape is beginning to show signs of returning to normal after a red hot market over the last several months.

According to the association, the median price for a single family home in July was an even $600-thousand and $395-thousand for condos.

Last July those numbers were $496-thousand and $338-thousand for homes and condos.

Those numbers are slightly lower than May and June.

The association says activity is getting back to pre-pandemic levels. 

U.S. Home Prices Drop To October 2005 Levels

Photo: Getty Images

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