Is West Harwich, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Harwich is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, West Harwich was a Neutral Market.

Key Takeaway

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

Housing Prices in West Harwich, MA

How much do homes in West Harwich, MA cost?

Median Sold Price

$827,000

$514/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$93,000(-10.1%)

Key Takeaway

Homes in West Harwich have sold for 10.1% less than they did a year ago.

Summary: The median home sold price in West Harwich was $827,000 in October 2024, down 10.1% from last year, and the median price per square foot was $514.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$385K
N/A
2 $617.5K$612.5K
-0.8%
3 $955K$880.6K
-7.8%
4 $1.2M$730K
-43.5%
5+ $975K$975K
0.0%

Summary: West Harwich 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 0.8%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 43.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Dennis Port
+32.4%
Harwich
+14.5%
Dennis
+3.7%
West Harwich
-10.1%
Harwich Port
-26.8%

Housing Supply in West Harwich, MA

How many homes are available in West Harwich, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1418+28.6%

Summary: The West Harwich real estate market had 18 homes for sale in October 2024, a 28.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 46
+50.0%
3 53
-40.0%
4 24
+100.0%
5+ 34
+33.3%

Summary: The West Harwich housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Harwich, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in West Harwich in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for West Harwich, MA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
85 Days72 Days-14.3%

Summary: Homes in West Harwich had an average of 72 days on market in Oct 2024, down by 14.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in West Harwich are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 6 homes were sold in West Harwich; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% 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 23 Days Ago

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