Provincetown Real Estate Market Update: November 2025
Provincetown’s real estate market remained active in November 2025, with steady buyer demand and strong pricing across the town. While inventory continues to be limited, sellers benefited from healthy absorption and consistent interest throughout the month. Below is a breakdown of the latest sales activity and how it compares to the same period last year.
November closed with 11 home sales in Provincetown, reflecting continued confidence in the market as the year winds down. Condominium sales dominated activity, a typical trend for this time of year, while overall pricing remained resilient.
Key metrics for November 2025
Homes Sold: 11 (10 Condos, 1 Single-Family)
Median Sale Price: $949,000
Average Days on Market: 53 (55% of homes sold in 30 days or less)
Lowest Sale Price: $377,000
Highest Sale Price: $3,573,000
Sale-to-List Price Ratio: 96%
Average Price Per Square Foot: $1,370
Total Listing Volume: $12,966,000
Total Sales Volume: $12,531,000
The data shows a market that continues to move efficiently. Over half of all homes sold within 30 days, reinforcing that well-priced properties in Provincetown still attract swift attention from buyers regardless of seasonality. The wide price range also highlights the town’s diverse inventory, from entry-level condos to multi-million-dollar waterfront homes.
Year-Over-Year Comparison: November 2025 vs. November 2024
Key takeaways:
Homes sold faster in 2025, indicating improved market efficiency and better buyer-seller alignment.
Median price dipped slightly year-over-year, but the highest sale increased, signaling continued strength at the luxury end.
Price per square foot rose again, reflecting concentrated demand in smaller, premium properties.
Total dollar volume declined, largely due to fewer closings than last year.
What This Means for Buyers and Sellers
For sellers: Homes are moving faster than last year, but pricing accurately still matters. Overpricing may result in missed opportunities, while competitively positioned properties continue to attract quick offers.
For buyers: While overall price growth has stabilized, competition remains real for desirable units. The Provincetown market continues to reward preparation, strong offers, and a clear understanding of value.
Final Thoughts: A Healthy and Competitive Market
November 2025 reinforces what has become a consistent pattern in Provincetown, limited inventory, steady demand, and durable pricing. While 2024 ended with larger total volume, 2025 shows greater transactional efficiency with faster turnarounds and rising price-per-square-foot metrics.
Whether you are considering buying, selling, or simply tracking the market, Provincetown continues to perform as one of Cape Cod’s most resilient and sought-after communities.
If you’d like a customized analysis for your property or want to explore opportunities currently available, I’m happy to provide insights backed by local market data.