$4,274 Closing Credit*
$359,900
1,280 SqFt
4 Beds
•2 Full Baths
#73320742, Cathleen Moore, Listing Office: Sotheby's International Realty
Is East Falmouth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, East Falmouth has remained a Seller's Market.
Key Takeaway
East Falmouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Falmouth, MA
How much do homes in East Falmouth, MA cost?
Median Sold Price
$675,000
$446/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,666(+1.8%)
Key Takeaway
Homes in East Falmouth have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in East Falmouth was $675,000 in November 2024, up 1.8% from last year, and the median price per square foot was $446.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $685K | +77.9% |
| 2 Bedrooms | $472.5K | $517K | +9.4% |
| 3 Bedrooms | $660K | $679K | +2.9% |
| 4 Bedrooms | $849.9K | $722.5K | -15.0% |
| 5+ Bedrooms | $1.0M | $1.3M | +25.9% |
Summary: East Falmouth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 77.9%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 25.9%.
Housing Supply in East Falmouth, MA
How many homes are available in East Falmouth, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 103 | 78 | -24.3% |
Summary: The East Falmouth real estate market had 78 homes for sale in November 2024, a 24.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 10 | -37.5% |
| 3 Bedrooms | 44 | 33 | -25.0% |
| 4 Bedrooms | 35 | 29 | -17.1% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The East Falmouth housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 19 | -32.1% |
Asking Price vs. Sold Price
13 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 East Falmouth, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in East Falmouth in November 2024, down by 32.1% month-over-month. Of the 19 sold homes, 68% were sold under asking, 16% were sold at asking, and 16% were sold over asking.
Days on Market for East Falmouth, MA
How long does it take to sell a home in East Falmouth, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 40 Days | +40.8% |
Summary: Homes in East Falmouth had an average of 40 days on market in Nov 2024, up by 40.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in East Falmouth has remained consistent over time.
Summary: During November 2024, 19 homes were sold in East Falmouth; 37% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
