$10,000 Closing Credit*
$950,000
8,724 SqFt
18 Beds
•7 Full Baths, 2 Partial
#73320807, Fine Homes Group, Listing Office: Keller Williams Realty Boston-Metro | Back Bay
Is North Falmouth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, North Falmouth was a Buyer's Market.
Key Takeaway
North Falmouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Falmouth, MA
How much do homes in North Falmouth, MA cost?
Median Sold Price
$900,000
$508/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$79,000(+9.6%)
Key Takeaway
Homes in North Falmouth have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in North Falmouth was $900,000 in November 2024, up 9.6% from last year, and the median price per square foot was $508.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $477K | - | N/A |
| 2 Bedrooms | $550K | $589.5K | +7.2% |
| 3 Bedrooms | $762.5K | $900K | +18.0% |
| 4 Bedrooms | $1.1M | $905K | -19.9% |
| 5+ Bedrooms | $3.8M | $3.2M | -15.6% |
Summary: North Falmouth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 18%, 4 bedroom homes decreased by 19.9%, and 5+ bedroom homes decreased by 15.6%.
Median Sold Price Compared To Nearby Cities
| North Falmouth | $821K | $900K | +9.6% |
| Bourne | $578K | $621K | +7.4% |
| Falmouth | $725K | $747.4K | +3.1% |
| East Falmouth | $663.3K | $675K | +1.8% |
Housing Supply in North Falmouth, MA
How many homes are available in North Falmouth, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 23 | -8.0% |
Summary: The North Falmouth real estate market had 23 homes for sale in November 2024, a 8.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The North 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 remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Falmouth, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in North Falmouth in November 2024, up by 166.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for North Falmouth, MA
How long does it take to sell a home in North Falmouth, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 41 Days | 0.3% |
Summary: Homes in North Falmouth had an average of 41 days on market in Nov 2024, up by 0.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Falmouth are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in North Falmouth; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
