Is Mashpee, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Mashpee has remained a Seller's Market.
Key Takeaway
Mashpee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mashpee, MA
How much do homes in Mashpee, MA cost?
Median Sold Price
$649,000
$400/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Mashpee have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Mashpee was $649,000 in June 2024, up 2.3% from last year, and the median price per square foot was $400.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $532K | $700K | +31.6% |
| 2 Bedrooms | $515K | $535K | +3.9% |
| 3 Bedrooms | $745K | $755K | +1.3% |
| 4 Bedrooms | $1.0M | $1.3M | +30.0% |
| 5+ Bedrooms | $2.2M | $2.1M | -5.6% |
Summary: Mashpee housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.6%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 5.6%.
Median Sold Price Compared To Nearby Cities
| Cotuit | $797.5K | $900K | +12.9% |
| East Falmouth | $628.6K | $690K | +9.8% |
| Forestdale | $540K | $590K | +9.3% |
| Mashpee | $634.6K | $649K | +2.3% |
| Marstons Mills | $635K | $632.5K | -0.4% |
Housing Supply in Mashpee, MA
How many homes are available in Mashpee, MA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 141 | 151 | +7.1% |
Summary: The Mashpee real estate market had 151 homes for sale in June 2024, a 7.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 58 | 59 | +1.7% |
| 3 Bedrooms | 47 | 54 | +14.9% |
| 4 Bedrooms | 24 | 26 | +8.3% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Mashpee housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 22 | 35 | +59.1% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mashpee, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Mashpee in June 2024, up by 59.1% month-over-month. Of the 35 sold homes, 57% were sold under asking, 17% were sold at asking, and 26% were sold over asking.
Days on Market for Mashpee, MA
How long does it take to sell a home in Mashpee, MA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 42 Days | 45 Days | +7.6% |
Summary: Homes in Mashpee had an average of 45 days on market in Jun 2024, up by 7.6% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mashpee are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 35 homes were sold in Mashpee; 51% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
