Is Mashpee, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Mashpee was a Seller's Market.
Key Takeaway
Mashpee is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Mashpee, MA
How much do homes in Mashpee, MA cost?
Median Sold Price
$650,000
$403/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Mashpee have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Mashpee was $650,000 in May 2024, up 3.6% from last year, and the median price per square foot was $403.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $487.5K | $594.5K | +21.9% |
| 2 Bedrooms | $515K | $535K | +3.9% |
| 3 Bedrooms | $750K | $754.4K | +0.6% |
| 4 Bedrooms | $930K | $1.3M | +39.8% |
| 5+ Bedrooms | $2.3M | $2.1M | -10.1% |
Summary: Mashpee housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.9%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 39.8%, and 5+ bedroom homes decreased by 10.1%.
Median Sold Price Compared To Nearby Cities
| Cotuit | $738.7K | $900K | +21.8% |
| East Falmouth | $627.2K | $676.3K | +7.8% |
| Forestdale | $545K | $569.5K | +4.5% |
| Mashpee | $627.5K | $650K | +3.6% |
| Marstons Mills | $635K | $618.5K | -2.6% |
Housing Supply in Mashpee, MA
How many homes are available in Mashpee, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 130 | 141 | +8.5% |
Summary: The Mashpee real estate market had 141 homes for sale in May 2024, a 8.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 57 | 57 | 0.0% |
| 3 Bedrooms | 43 | 46 | +7.0% |
| 4 Bedrooms | 19 | 24 | +26.3% |
| 5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Mashpee housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 | 21 | -16.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mashpee, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Mashpee in May 2024, down by 16.0% month-over-month. Of the 21 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Mashpee, MA
How long does it take to sell a home in Mashpee, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 33 Days | 51 Days | +54.5% |
Summary: Homes in Mashpee had an average of 51 days on market in May 2024, up by 54.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mashpee are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 21 homes were sold in Mashpee; 52% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
