Is Sandwich, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sandwich is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Sandwich has remained a Seller's Market.

Key Takeaway

Sandwich is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sandwich, MA

How much do homes in Sandwich, MA cost?

Median Sold Price

$700,000

$401/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$54,000(+8.4%)

Key Takeaway

Homes in Sandwich have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Sandwich was $700,000 in September 2024, up 8.4% from last year, and the median price per square foot was $401.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $352K$330K
-6.3%
2 $455K$515K
+13.2%
3 $647K$695K
+7.4%
4 $773.5K$825K
+6.7%
5+ $900K$1.7M
+88.9%

Summary: Sandwich housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 88.9%.

Median Sold Price Compared To Nearby Cities

Bourne
+10.8%
Buzzards Bay
+10.2%
Sandwich
+8.4%
Forestdale
+7.3%
East Sandwich
+4.5%

Housing Supply in Sandwich, MA

How many homes are available in Sandwich, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
9495+1.1%

Summary: The Sandwich real estate market had 95 homes for sale in September 2024, a 1.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1612
-25.0%
3 4549
+8.9%
4 2624
-7.7%
5+ 710
+42.9%

Summary: The Sandwich housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
22220.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sandwich, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Sandwich in September 2024, the same as the previous month. Of the 22 sold homes, 50% were sold under asking, 9% were sold at asking, and 41% were sold over asking.

Days on Market for Sandwich, MA

How long does it take to sell a home in Sandwich, MA?

Average Sale Time

Sep 2023Sep 2024CHANGE
22 Days43 Days+91.8%

Summary: Homes in Sandwich had an average of 43 days on market in Sep 2024, up by 91.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sandwich are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 22 homes were sold in Sandwich; 55% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in Sandwich, MA

Nearby Markets to Sandwich, MA

What housing markets are near Sandwich, MA?