$10,000 Closing Credit*
$985,000
2,175 SqFt
4 Beds
•2 Full Baths, 1 Partial
#73308281, Annie Hart Cool, Listing Office: Sotheby's International Realty
Is East Falmouth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, East Falmouth has remained a Seller's Market.
Key Takeaway
East Falmouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Falmouth, MA
How much do homes in East Falmouth, MA cost?
Median Sold Price
$683,166
$446/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$36,500(+5.6%)
Key Takeaway
Homes in East Falmouth have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in East Falmouth was $683,166 in September 2024, up 5.6% from last year, and the median price per square foot was $446.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $685K | +77.9% |
| 2 Bedrooms | $475K | $550K | +15.8% |
| 3 Bedrooms | $660K | $679K | +2.9% |
| 4 Bedrooms | $765K | $805K | +5.2% |
| 5+ Bedrooms | $1.0M | $1.3M | +27.0% |
Summary: East Falmouth housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 77.9%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 27%.
Housing Supply in East Falmouth, MA
How many homes are available in East Falmouth, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 105 | 104 | -1.0% |
Summary: The East Falmouth real estate market had 104 homes for sale in September 2024, a 1.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 20 | 21 | +5.0% |
| 3 Bedrooms | 49 | 47 | -4.1% |
| 4 Bedrooms | 29 | 29 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The East Falmouth housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Falmouth, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in East Falmouth in September 2024, down by 4.2% month-over-month. Of the 23 sold homes, 48% were sold under asking, 13% were sold at asking, and 39% were sold over asking.
Days on Market for East Falmouth, MA
How long does it take to sell a home in East Falmouth, MA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 24 Days | 33 Days | +35.7% |
Summary: Homes in East Falmouth had an average of 33 days on market in Sep 2024, up by 35.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Falmouth are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 23 homes were sold in East Falmouth; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
