Is Cotuit, 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, Cotuit has remained a Seller's Market.
Key Takeaway
Cotuit is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cotuit, MA
How much do homes in Cotuit, MA cost?
Median Sold Price
$900,000
$416/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cotuit have sold for 23.9% more than they did a year ago.
Summary: The median home sold price in Cotuit was $900,000 in April 2024, up 23.9% from last year, and the median price per square foot was $416.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $680K | $553.5K | -18.6% |
| 3 Bedrooms | $725K | $899K | +24.0% |
| 4 Bedrooms | $890K | $978K | +9.9% |
| 5+ Bedrooms | $1.3M | $10.2M | +652.8% |
Summary: Cotuit housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.6%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 652.8%.
Median Sold Price Compared To Nearby Cities
| Cotuit | $726.2K | $900K | +23.9% |
| Barnstable Town | $604.9K | $633.8K | +4.8% |
| Mashpee | $620K | $643.9K | +3.9% |
| Marstons Mills | $636.5K | $610K | -4.2% |
| Osterville | $1.3M | $935K | -30.7% |
Housing Supply in Cotuit, MA
How many homes are available in Cotuit, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Summary: The Cotuit real estate market had 13 homes for sale in April 2024, a 44.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Cotuit housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cotuit, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Cotuit in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cotuit, MA
How long does it take to sell a home in Cotuit, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 67 Days | 58 Days | -13.3% |
Summary: Homes in Cotuit had an average of 58 days on market in Apr 2024, down by 13.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cotuit are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Cotuit; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
