Provincetown Real Estate Market Update: September 2025
Provincetown’s real estate market continued to show remarkable strength and activity through September 2025, with a notable increase in overall sales and market volume compared to the same month last year. Both buyers and sellers remained active, and while pricing showed modest adjustments, the market maintained its competitive edge.
September 2025 Highlights
Total Homes Sold: 23 (15 Condominiums, 8 Single-Family Homes)
Median Sale Price: $1,420,000
Average Days on Market: 62 (52% of homes sold within 30 days or less)
Sale-to-List Price Ratio: 97%
Lowest Sale Price: $575,000
Highest Sale Price: $4,925,000
Average Price per SqFt: $1,357
Total Volume Listed: $38,741,000
Total Volume Sold: $37,046,000
These figures reflect a market that remains dynamic, with sustained demand and healthy levels of new inventory. Despite a longer average time on market compared to 2024, more than half of all listings sold within the first month, signaling that well-priced, well-presented properties continue to move quickly.
The Provincetown market saw nearly double the number of transactions this September compared to last year, driven largely by an uptick in luxury single-family sales and steady condominium activity. While the median sale price dipped slightly, the overall sales volume nearly doubled, underscoring a robust and confident marketplace.
Year Over Year Comparison: September 2024 Vs. September 2025
Longer average days on market suggest that some buyers are adjusting expectations in response to evolving seller behavior, possibly reflecting seasonal timing or broader economic factors such as interest rates. However, the increase in high-end sales topping nearly $5 million this year points to continued confidence in Provincetown’s long-term value.
What This Means for Buyers and Sellers
For Buyers: The increased inventory and slightly longer market times may present new opportunities for negotiation. Provincetown remains highly desirable, but timing and strategy are key to securing the right property.
For Sellers: Well-positioned homes continue to sell quickly, particularly those priced strategically and presented with care. Demand for high-quality properties remains strong, especially in prime locations.
Final Thoughts
Provincetown’s market continues to evolve, balancing strong demand with more measured buyer activity. The growth in total sales is a positive sign of ongoing confidence in the local market and Provincetown’s enduring appeal as both a lifestyle destination and a sound investment. As we move into the fall and winter seasons, we can expect continued interest from buyers seeking to close before year-end and from sellers positioning their properties for early 2026 demand.