$7,588 Closing Credit*
$639,000
1,800 SqFt
2 Beds
•2 Full Baths, 1 Partial
#73286878, Carli Taylor, Listing Office: Kinlin Grover Compass
Is Mashpee, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 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
$644,900
$405/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$14,900(+2.4%)
Key Takeaway
Homes in Mashpee have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Mashpee was $644,900 in August 2024, up 2.4% from last year, and the median price per square foot was $405.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $489K | $700K | +43.1% |
| 2 Bedrooms | $530K | $535K | +0.9% |
| 3 Bedrooms | $715K | $777.9K | +8.8% |
| 4 Bedrooms | $950K | $1.4M | +52.4% |
| 5+ Bedrooms | $2.2M | $1.5M | -33.5% |
Summary: Mashpee housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.1%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 52.4%, and 5+ bedroom homes decreased by 33.5%.
Median Sold Price Compared To Nearby Cities
| East Falmouth | $630K | $687.4K | +9.1% |
| Cotuit | $840K | $900K | +7.1% |
| Forestdale | $545K | $575K | +5.5% |
| Marstons Mills | $610K | $637K | +4.4% |
| Mashpee | $630K | $644.9K | +2.4% |
Housing Supply in Mashpee, MA
How many homes are available in Mashpee, MA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 146 | 145 | -0.7% |
Summary: The Mashpee real estate market had 145 homes for sale in August 2024, a 0.7% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 57 | 50 | -12.3% |
| 3 Bedrooms | 53 | 56 | +5.7% |
| 4 Bedrooms | 24 | 27 | +12.5% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Mashpee housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 25 | 25 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mashpee, you may be able to get a good deal. 48% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Mashpee in August 2024, the same as the previous month. Of the 25 sold homes, 48% were sold under asking, 20% were sold at asking, and 32% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 56 Days | 36 Days | -34.7% |
Summary: Homes in Mashpee had an average of 36 days on market in Aug 2024, down by 34.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 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 August 2024, 25 homes were sold in Mashpee; 52% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
