Is Cotuit, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Cotuit has remained a Seller's Market.
Housing Prices in Cotuit, MA
How much do homes in Cotuit, MA cost?
Median Sold Price
$900,000
$432/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cotuit was $900,000 in May 2024, up 21.8% from last year, and the median price per square foot was $432.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $695K | $552K | -20.6% |
3 Bedrooms | $726.2K | $899K | +23.8% |
4 Bedrooms | $890K | $1.0M | +12.4% |
5+ Bedrooms | $1.3M | $10.2M | +652.8% |
Summary: Cotuit housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.6%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 652.8%.
Median Sold Price Compared To Nearby Cities
Cotuit | $738.7K | $900K | +21.8% |
Barnstable Town | $601.4K | $630.3K | +4.8% |
Mashpee | $627.5K | $650K | +3.6% |
Marstons Mills | $635K | $618.5K | -2.6% |
Osterville | $1.2M | $942.5K | -25.3% |
Housing Supply in Cotuit, MA
How many homes are available in Cotuit, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Summary: The Cotuit real estate market had 15 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 2 | 7 | +250.0% |
4 Bedrooms | 7 | 4 | -42.9% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cotuit housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 250%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Cotuit in May 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Cotuit, MA
How long does it take to sell a home in Cotuit, MA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 34 Days | -18.8% |
Summary: Homes in Cotuit had an average of 34 days on market in May 2024, down by 18.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Cotuit; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.