2019 Q3 Cape Cod Market Results

Q 2 FORECAST Review

BACK

2

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