2019 Q3 Cape Cod Market Results

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Cape Cod Associates

© Bill Silver 2018 Realtor®

Cell: 508 - 277 - 1000

Bill@BillSilver.com

Harwich Port, MA 508-432-8600

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Cape Cod Associates

© Bill Silver 2018 Realtor®

Cell: 508 - 277 - 1000

Bill@BillSilver.com

Harwich Port, MA 508-432-8600

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Y/Y Q3 - 17

1,109

Cape Cod Associates

© Bill Silver 2018 Realtor®

Cell: 508 - 277 - 1000

Bill@BillSilver.com

Harwich Port, MA 508-432-8600

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Introduction

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Hi! I’m Bill Silver. I’m a realtor with Cape Cod Associates Real Estate in lovely downtown Harwich Port. Welcome to my Q4 Forecast for the Cape Cod Real Estate Market. This report is also available as a Slideshow. You can see it on my report web site:

www.CapeRealReports.com .

OK! Let’s have a peek into the future and see my Q4 forecast. I hope it’s useful to you – and if so please share it with your family and friends.

Thank you!

© Bill Silver 2018

Cape Cod Associates

Q 2 FORECAST Review

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Before I give you my forecast for the NEXT Quarter – let’s review my previous forecast for This Quarter. My forecast goal is to be accurate within 95% of the actual result. My forecast for the median sold Price in Q3 was $456,000. The actual result, $430,000, was UP

again, but much lower than my forecast. Accuracy 94.3%.

My forecast for the number of sales in Q3 was 1,089. The actual number of sales was almost exactly that – 1,084. Accuracy 99.5%. Truthfully, this is higher than my typical number-of- Sales forecast accuracy.

© Bill Silver 2018

Cape Cod Associates

Q3 Price Forecast

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I believe that the Median Sold Price will GO UP again in Q4. My forecast for the median sold price in Q4 is: $442,000 dollars. Quarter-to-Quarter, the median sold price will be UP 2.8% from the $43oK in Q3.

More importantly, Year-to- Year, the median sold price will be Up 5.2% from the $420K in Q4 2017. The median sold price will then be UP 11 quarters in a row – and will have gone Up in 23 of the last 25 quarters.

© Bill Silver 2018

Cape Cod Associates

Q3 Sales Forecast

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My forecast for the number of sales in Q4 is: 1,158. Quarter-to-Quarter this will be UP 6.8% from the 1,084 in Q3.

More importantly, Year-to- Year sales will be UP 9.9% from the 1,054 of Q4 last year. Good News, this stops the downward trend we’ve seen for the last 6 quarters.

© Bill Silver 2018

Cape Cod Associates

Finale

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That’s my market FORECAST report for Q4 . Thanks for watching. You can see all my reports at: CapeRealReports .com a.k.a. BillSilver.com My YouTube Channel: Cape Real Bill

If you have any questions or comments call my cell:

508-277-1000

– OR – send an email to:

Bill@BillSilver.com

Wishing you smooth sailing on the seas of life .

© Bill Silver 2018

Cape Cod Associates