Is Mashpee, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mashpee is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Mashpee was a Neutral 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 February 2023

+$44,000(+7.3%)

Key Takeaway

Homes in Mashpee have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Mashpee was $649,000 in February 2024, up 7.3% from last year, and the median price per square foot was $400.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $552.5K$489K
-11.5%
2 $512.5K$529K
+3.2%
3 $715K$759.9K
+6.3%
4 $945K$1.2M
+32.0%
5+ $3.1M$1.1M
-64.7%

Summary: Mashpee housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.5%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 32%, and 5+ bedroom homes decreased by 64.7%.

Median Sold Price Compared To Nearby Cities

Cotuit
+12.0%
East Falmouth
+11.1%
Mashpee
+7.3%

Housing Supply in Mashpee, MA

How many homes are available in Mashpee, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
98102+4.1%

Summary: The Mashpee real estate market had 102 homes for sale in February 2024, a 4.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 12
+100.0%
2 4446
+4.5%
3 3835
-7.9%
4 1113
+18.2%
5+ 46
+50.0%

Summary: The Mashpee housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1621+31.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mashpee, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Mashpee in February 2024, up by 31.3% month-over-month. Of the 21 sold homes, 52% were sold under asking, 38% were sold at asking, and 10% 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

Feb 2023Feb 2024CHANGE
49 Days52 Days+5.7%

Summary: Homes in Mashpee had an average of 52 days on market in Feb 2024, up by 5.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mashpee has remained consistent over time.

Summary: During February 2024, 21 homes were sold in Mashpee; 38% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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