Is Yarmouth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Yarmouth has remained a Seller's Market.
Housing Prices in Yarmouth, MA
How much do homes in Yarmouth, MA cost?
Median Sold Price
$577,000
$427/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Yarmouth was $577,000 in April 2024, up 8.9% from last year, and the median price per square foot was $427.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $425K | $302.5K | -28.8% |
2 Bedrooms | $450K | $489.5K | +8.8% |
3 Bedrooms | $572K | $650K | +13.6% |
4 Bedrooms | $774.9K | $710K | -8.4% |
5+ Bedrooms | $739K | $950K | +28.6% |
Summary: Yarmouth housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.8%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes increased by 28.6%.
Median Sold Price Compared To Nearby Cities
West Yarmouth | $459K | $517K | +12.6% |
Yarmouth Port | $580.5K | $650K | +12.0% |
South Yarmouth | $545K | $610K | +11.9% |
Yarmouth | $530K | $577K | +8.9% |
Dennis | $575K | $597K | +3.8% |
Housing Supply in Yarmouth, MA
How many homes are available in Yarmouth, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
101 | 107 | +5.9% |
Summary: The Yarmouth real estate market had 107 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 37 | 32 | -13.5% |
3 Bedrooms | 39 | 47 | +20.5% |
4 Bedrooms | 18 | 21 | +16.7% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Yarmouth housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 13.5%, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 25 | -7.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Yarmouth in April 2024, down by 7.4% month-over-month. Of the 25 sold homes, 40% were sold under asking, 8% were sold at asking, and 52% were sold over asking.
Days on Market for Yarmouth, MA
How long does it take to sell a home in Yarmouth, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 33 Days | +15.6% |
Summary: Homes in Yarmouth had an average of 33 days on market in Apr 2024, up by 15.6% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Yarmouth; 68% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.