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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Tisbury is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, West Tisbury has remained a Seller's Market.

Key Takeaway

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

Housing Prices in West Tisbury, MA

How much do homes in West Tisbury, MA cost?

Median Sold Price

$1,180,000

$847/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$195,000(-14.2%)

Key Takeaway

Homes in West Tisbury have sold for 14.2% less than they did a month ago.

Summary: The median home sold price in West Tisbury was $1,180,000 in November 2024, down 14.2% from last month, and the median price per square foot was $847.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $950K-
N/A
2 --
N/A
3 $1.8M$1.1M
-36.3%
4 -$1.9M
N/A
5+ --
N/A

Summary: West Tisbury housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 36.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in West Tisbury, MA

How many homes are available in West Tisbury, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
119-18.2%

Summary: The West Tisbury real estate market had 9 homes for sale in November 2024, a 18.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 54
-20.0%
4 44
0.0%
5+ 00
0.0%

Summary: The West Tisbury housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Tisbury, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in West Tisbury in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for West Tisbury, MA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
122 Days86 Days-29.5%

Summary: Homes in West Tisbury had an average of 86 days on market in Nov 2024, down by 29.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in West Tisbury has remained consistent over time.

Summary: During November 2024, 3 homes were sold in West Tisbury; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 2 Days Ago

Newest Listings in West Tisbury, MA

Nearby Markets to West Tisbury, MA