Is South 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, South Yarmouth has remained a Seller's Market.
Housing Prices in South Yarmouth, MA
How much do homes in South Yarmouth, MA cost?
Median Sold Price
$610,000
$446/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Yarmouth was $610,000 in April 2024, up 11.9% from last year, and the median price per square foot was $446.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $365K | +21.7% |
2 Bedrooms | $499K | $530K | +6.2% |
3 Bedrooms | $560K | $650K | +16.1% |
4 Bedrooms | $840K | $875K | +4.2% |
5+ Bedrooms | $739K | $1.0M | +42.4% |
Summary: South Yarmouth housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.7%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 42.4%.
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% |
West Dennis | $690K | $632K | -8.4% |
Housing Supply in South Yarmouth, MA
How many homes are available in South Yarmouth, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 44 | 0.0% |
Summary: The South Yarmouth real estate market had 44 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 21 | 20 | -4.8% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The South Yarmouth 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 decreased by 8.3%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in South Yarmouth in April 2024, the same as the previous month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for South Yarmouth, MA
How long does it take to sell a home in South Yarmouth, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 41 Days | +63.4% |
Summary: Homes in South Yarmouth had an average of 41 days on market in Apr 2024, up by 63.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in South Yarmouth; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.