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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Yarmouth is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, West Yarmouth was a Seller's Market.

Key Takeaway

West Yarmouth is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in West Yarmouth, MA

How much do homes in West Yarmouth, MA cost?

Median Sold Price

$485,000

$406/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$30,000(-5.8%)

Key Takeaway

Homes in West Yarmouth have sold for 5.8% less than they did a year ago.

Summary: The median home sold price in West Yarmouth was $485,000 in November 2024, down 5.8% from last year, and the median price per square foot was $406.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $400K$267K
-33.3%
2 $429K$424.9K
-0.9%
3 $545K$570K
+4.6%
4 $582.5K$755K
+29.6%
5+ $950K$1.0M
+8.7%

Summary: West Yarmouth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes increased by 8.7%.

Median Sold Price Compared To Nearby Cities

Hyannis
+16.2%
Yarmouth Port
+10.6%
South Yarmouth
+8.1%
Yarmouth
+5.8%
West Yarmouth
-5.8%

Housing Supply in West Yarmouth, MA

How many homes are available in West Yarmouth, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5956-5.1%

Summary: The West Yarmouth real estate market had 56 homes for sale in November 2024, a 5.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 2119
-9.5%
3 2118
-14.3%
4 1111
0.0%
5+ 45
+25.0%

Summary: The West Yarmouth housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 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 Yarmouth, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in West Yarmouth in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% 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

Nov 2023Nov 2024CHANGE
23 Days34 Days+44.2%

Summary: Homes in West Yarmouth had an average of 34 days on market in Nov 2024, up by 44.2% compared to last year.

Breakdown of Home Sale Times

5 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

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

Summary: During November 2024, 8 homes were sold in West Yarmouth; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 21 Days Ago

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