$8,133 Closing Credit*
$684,900
1,820 SqFt
4 Beds
•2 Full Baths, 1 Partial
#73314566, Arcangelo Mariano, Listing Office: MINQ Property Group LLC
Is West Yarmouth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, West Yarmouth has remained a Seller's Market.
Key Takeaway
West Yarmouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Yarmouth, MA
How much do homes in West Yarmouth, MA cost?
Median Sold Price
$484,000
$407/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$26,000(-5.1%)
Key Takeaway
Homes in West Yarmouth have sold for 5.1% less than they did a year ago.
Summary: The median home sold price in West Yarmouth was $484,000 in October 2024, down 5.1% from last year, and the median price per square foot was $407.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $265K | -35.4% |
| 2 Bedrooms | $429K | $423.7K | -1.2% |
| 3 Bedrooms | $535K | $574K | +7.3% |
| 4 Bedrooms | $570K | $727.5K | +27.6% |
| 5+ Bedrooms | $950K | $1.0M | +8.7% |
Summary: West Yarmouth housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.4%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
| Hyannis | $449.5K | $520K | +15.7% |
| Yarmouth Port | $601.7K | $680K | +13.0% |
| South Yarmouth | $550K | $600K | +9.1% |
| Yarmouth | $550K | $589K | +7.1% |
| West Yarmouth | $510K | $484K | -5.1% |
Housing Supply in West Yarmouth, MA
How many homes are available in West Yarmouth, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 | 61 | -4.7% |
Summary: The West Yarmouth real estate market had 61 homes for sale in October 2024, a 4.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 21 | 23 | +9.5% |
| 3 Bedrooms | 23 | 20 | -13.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The West Yarmouth housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Yarmouth, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in West Yarmouth in October 2024, down by 15.4% month-over-month. Of the 11 sold homes, 55% were sold under asking, 0% were sold at asking, and 45% were sold over asking.
Days on Market for West Yarmouth, MA
How long does it take to sell a home in West Yarmouth, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 60 Days | +69.8% |
Summary: Homes in West Yarmouth had an average of 60 days on market in Oct 2024, up by 69.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Yarmouth are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in West Yarmouth; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
