Is Cotuit, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Cotuit was a Seller's Market.
Key Takeaway
Cotuit is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cotuit, MA
How much do homes in Cotuit, MA cost?
Median Sold Price
$872,500
$423/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Cotuit have sold for 16.3% more than they did a year ago.
Summary: The median home sold price in Cotuit was $872,500 in March 2024, up 16.3% from last year, and the median price per square foot was $423.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $665K | $555K | -16.5% |
| 3 Bedrooms | $727.5K | $827.5K | +13.7% |
| 4 Bedrooms | $900K | $953K | +5.9% |
| 5+ Bedrooms | $1.3M | $10.2M | +652.8% |
Summary: Cotuit housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.5%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 652.8%.
Median Sold Price Compared To Nearby Cities
| Cotuit | $750K | $872.5K | +16.3% |
| Barnstable Town | $607.6K | $630.5K | +3.8% |
| Mashpee | $620K | $638.6K | +3.0% |
| Marstons Mills | $639K | $610K | -4.5% |
| Osterville | $1.4M | $892.5K | -36.3% |
Housing Supply in Cotuit, MA
How many homes are available in Cotuit, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Cotuit real estate market had 11 homes for sale in March 2024, a 22.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Cotuit housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cotuit, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Cotuit in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 26 Days | 22 Days | -16.2% |
Summary: Homes in Cotuit had an average of 22 days on market in Mar 2024, down by 16.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cotuit are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Cotuit; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
