Is Sandwich, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Sandwich has remained a Seller's Market.
Key Takeaway
Sandwich is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sandwich, MA
How much do homes in Sandwich, MA cost?
Median Sold Price
$647,000
$371/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sandwich have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Sandwich was $647,000 in March 2024, up 1.5% from last year, and the median price per square foot was $371.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $469.9K | $366K | -22.1% |
| 2 Bedrooms | $482.5K | $457.5K | -5.2% |
| 3 Bedrooms | $610K | $647K | +6.1% |
| 4 Bedrooms | $780K | $790K | +1.3% |
| 5+ Bedrooms | $965K | $1.5M | +61.1% |
Summary: Sandwich housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.1%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 61.1%.
Median Sold Price Compared To Nearby Cities
| Bourne | $549.9K | $630K | +14.6% |
| Forestdale | $535K | $559.5K | +4.6% |
| Buzzards Bay | $500K | $515K | +3.0% |
| Sandwich | $637.4K | $647K | +1.5% |
| East Sandwich | $735.5K | $659K | -10.4% |
Housing Supply in Sandwich, MA
How many homes are available in Sandwich, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 66 | 78 | +18.2% |
Summary: The Sandwich real estate market had 78 homes for sale in March 2024, a 18.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 13 | +44.4% |
| 3 Bedrooms | 22 | 30 | +36.4% |
| 4 Bedrooms | 27 | 23 | -14.8% |
| 5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Sandwich housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sandwich, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Sandwich in March 2024, down by 5.6% month-over-month. Of the 17 sold homes, 47% were sold under asking, 18% were sold at asking, and 35% were sold over asking.
Days on Market for Sandwich, MA
How long does it take to sell a home in Sandwich, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 50 Days | +18.8% |
Summary: Homes in Sandwich had an average of 50 days on market in Mar 2024, up by 18.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sandwich are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 17 homes were sold in Sandwich; 53% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
