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Smaller Cape Cod luxury homes are moving in a much tighter market. October data shows 2.6 months of supply under 2,000 square feet versus 10.0 months at 4,000 square feet and above.
Inventory Continues to Build, But Well-Priced Luxury Homes Are Still Finding Buyers
The Cape Cod luxury market continued its gradual transition toward a more balanced environment in May, offering buyers more choices while still rewarding sellers who price and present their homes thoughtfully.