$4,334 Closing Credit*
$365,000
1,152 SqFt
2 Beds
•1 Full Bath, 1 Partial
#73313283, Vaneide Martins, Listing Office: Weichert, REALTORS® - Donahue Partners
Is 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, Yarmouth has remained a Seller's Market.
Key Takeaway
Yarmouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Yarmouth, MA
How much do homes in Yarmouth, MA cost?
Median Sold Price
$589,000
$440/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,000(+7.1%)
Key Takeaway
Homes in Yarmouth have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Yarmouth was $589,000 in October 2024, up 7.1% from last year, and the median price per square foot was $440.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $277K | -30.8% |
| 2 Bedrooms | $477.2K | $501K | +5.0% |
| 3 Bedrooms | $595K | $626K | +5.2% |
| 4 Bedrooms | $772.4K | $750K | -2.9% |
| 5+ Bedrooms | $977.5K | $1.3M | +34.3% |
Summary: Yarmouth housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.8%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 34.3%.
Median Sold Price Compared To Nearby Cities
| Yarmouth Port | $601.7K | $680K | +13.0% |
| South Yarmouth | $550K | $600K | +9.1% |
| Yarmouth | $550K | $589K | +7.1% |
| Dennis | $575K | $596.4K | +3.7% |
| West Yarmouth | $510K | $484K | -5.1% |
Housing Supply in Yarmouth, MA
How many homes are available in Yarmouth, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 150 | 141 | -6.0% |
Summary: The Yarmouth real estate market had 141 homes for sale in October 2024, a 6.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 56 | 57 | +1.8% |
| 3 Bedrooms | 57 | 51 | -10.5% |
| 4 Bedrooms | 27 | 21 | -22.2% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Yarmouth housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 35 | +2.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Yarmouth, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Yarmouth in October 2024, up by 2.9% month-over-month. Of the 35 sold homes, 51% were sold under asking, 3% were sold at asking, and 46% were sold over asking.
Days on Market for Yarmouth, MA
How long does it take to sell a home in Yarmouth, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 51 Days | +85.6% |
Summary: Homes in Yarmouth had an average of 51 days on market in Oct 2024, up by 85.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Yarmouth are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 35 homes were sold in Yarmouth; 57% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
