$9,476 Closing Credit*
$798,000
1,140 SqFt
3 Beds
•2 Full Baths
#73313638, Colleen Kilfoil, Listing Office: A Cape House.Com
Is North Falmouth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, North Falmouth was a Seller's Market.
Key Takeaway
North Falmouth is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Falmouth, MA
How much do homes in North Falmouth, MA cost?
Median Sold Price
$932,500
$542/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$118,750(+14.6%)
Key Takeaway
Homes in North Falmouth have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in North Falmouth was $932,500 in October 2024, up 14.6% from last year, and the median price per square foot was $542.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $477K | N/A |
| 2 Bedrooms | $550K | $460K | -16.4% |
| 3 Bedrooms | $805K | $940K | +16.8% |
| 4 Bedrooms | $967.5K | $1.1M | +16.1% |
| 5+ Bedrooms | $3.8M | $3.2M | -15.6% |
Summary: North Falmouth housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.4%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes decreased by 15.6%.
Median Sold Price Compared To Nearby Cities
| North Falmouth | $813.7K | $932.5K | +14.6% |
| Bourne | $575K | $624.6K | +8.6% |
| Falmouth | $700.6K | $751.2K | +7.2% |
| East Falmouth | $650K | $679.3K | +4.5% |
Housing Supply in North Falmouth, MA
How many homes are available in North Falmouth, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Summary: The North Falmouth real estate market had 23 homes for sale in October 2024, a 11.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 9 | 5 | -44.4% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The North Falmouth housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 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 North Falmouth, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in North Falmouth in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 34 Days | +44.1% |
Summary: Homes in North Falmouth had an average of 34 days on market in Oct 2024, up by 44.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in North Falmouth has remained consistent over time.
Summary: During October 2024, 3 homes were sold in North Falmouth; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
