$9,488 Closing Credit*
$799,000
1,755 SqFt
4 Beds
•2 Full Baths
#73320701, Brian Pothier, Listing Office: Gibson Sotheby's International Realty
Is Eastham, 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, Eastham has remained a Seller's Market.
Key Takeaway
Eastham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eastham, MA
How much do homes in Eastham, MA cost?
Median Sold Price
$777,000
$568/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,000(+2.4%)
Key Takeaway
Homes in Eastham have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Eastham was $777,000 in November 2024, up 2.4% from last year, and the median price per square foot was $568.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $390K | $267.5K | -31.4% |
| 2 Bedrooms | $587.5K | $640K | +8.9% |
| 3 Bedrooms | $777K | $820K | +5.5% |
| 4 Bedrooms | $952.5K | $828.5K | -13.0% |
| 5+ Bedrooms | $749K | $1.6M | +120.3% |
Summary: Eastham housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 120.3%.
Median Sold Price Compared To Nearby Cities
| Orleans | $1.0M | $1.1M | +2.8% |
| Eastham | $759K | $777K | +2.4% |
| Wellfleet | $908.3K | $850K | -6.4% |
Housing Supply in Eastham, MA
How many homes are available in Eastham, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Summary: The Eastham real estate market had 34 homes for sale in November 2024, a 5.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 16 | 10 | -37.5% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Eastham 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 increased by 20%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Eastham, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Eastham in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.
Days on Market for Eastham, MA
How long does it take to sell a home in Eastham, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 36 Days | +12.0% |
Summary: Homes in Eastham had an average of 36 days on market in Nov 2024, up by 12% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eastham are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Eastham; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
