Is Edgartown, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Edgartown has remained a Buyer's Market.
Housing Prices in Edgartown, MA
How much do homes in Edgartown, MA cost?
Median Sold Price
$1,575,000
$740/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Edgartown was $1,575,000 in May 2024, down 33.1% from last month, and the median price per square foot was $740.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $2.4M | - | N/A |
3 Bedrooms | $2.3M | $1.5M | -31.5% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Edgartown housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 31.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Edgartown | $2.3M | $1.5M | -33.1% |
Oak Bluffs | $1.4M | $842.5K | -41.3% |
Housing Supply in Edgartown, MA
How many homes are available in Edgartown, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
24 | 31 | +29.2% |
Summary: The Edgartown real estate market had 31 homes for sale in May 2024, a 29.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 8 | 14 | +75.0% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Edgartown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Edgartown in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Edgartown, MA
How long does it take to sell a home in Edgartown, MA?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
356 Days | 58 Days | -83.6% |
Summary: Homes in Edgartown had an average of 58 days on market in May 2024, down by 83.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Edgartown; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.