Is North Falmouth, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Falmouth is a buyer's market

Buyer's
Market

Difference Since August 2021

Since last year, North Falmouth has remained a Buyer's Market.

Key Takeaway

North Falmouth is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in North Falmouth, MA cost?

Median Sold Price

$854,000

$429/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$129,500(+17.9%)

Key Takeaway

Homes in North Falmouth have sold for 17.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 --
N/A
2 $530.7K$523K
-1.5%
3 $682K$677.5K
-0.7%
4 $875K$1.1M
+27.9%
5+ $2.2M$5.2M
+135.0%

Median Sold Price Compared To Nearby Cities

North Falmouth
+17.9%
Buzzards Bay
+16.3%
East Falmouth
+15.5%
Bourne
+13.8%

How many homes are available in North Falmouth, MA?

Number of Homes For Sale

Jul 2022Aug 2022%
2421-12.5%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 23
+50.0%
3 138
-38.5%
4 68
+33.3%
5+ 32
-33.3%

Number of Homes Sold

Jul 2022Aug 2022%
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Falmouth, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
15 Days23 Days+56.7%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Falmouth are selling fast, if you're buying plan to act quickly.

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

About North Falmouth, MA

There are 21 homes are for sale in North Falmouth, MA real estate market. The number of listings in North Falmouth, MA decreased by 12.5% between July 2022 and August 2022. While the average time on the market in August 2022 was 23 days, the median list price was $854,000. Real estate listing prices changed between July 2022 and August 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties decreased by 1.5%, prices of 3 bedrooms properties went down by 0.7%, 4 bedrooms properties prices increased by 27.9%, 5 bedrooms properties became 135% more expensive. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, number of 2 bedrooms homes increased by 50%, number of 3 bedrooms homes decreased by 38.5%, 4 bedrooms homes became 33.3% more available, 5 bedrooms homes inventory decreased by 33.3%. While more than 0 listings in North Falmouth, MA in August 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below.

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