New England Properties

The Trend in Home Sales in Mashpee MA - Improving, or...?

The Trend in Home Sales in Mashpee MA - Improving, or...?

Home prices in Mashpee on average are falling! Home prices have fallen 2.9% since June of 2009.

The current average listing price of homes for sale in Mashpee MA is $249,944, down 2.9% from a month ago. Compare this to the current median sales price of $598,416 - where half of sales are above this amount and half below it.

2, 3 and 4 bedroom homes are selling for less compared to a year ago. Most notably, prices of 4 bedroom homes are down 24.6% since the same time last year while 2 bedroom homes are down 7.6 and 3 bedroom homes are down 3.9%. Below is a chart of the trend of median prices of homes for sale in Mashpee MA over the past year through June 2010:


While cyclical, the number of sales of 3 bedroom homes are rising while sales of 2 and 4 bedroom homes in Mashpee MA in general are falling:


So what does all this mean? Well, if you're looking for a home in the town of Mashpee, you may be able to find a few bargains. While sales overall are falling slightly, 3 bedroom homes are currently in greater demand than 2 and 4 bedroom homes.

Still, lowball offers won't cut it in a market like this. Sellers aren't in control of the market either, so both buyers & sellers should be reasonable when negotiating. Be sure to contact me, Lew Corcoran, toll free at 1-800-984-3341, when you're looking to get pre-approved for a purchase of your next home. Otherwise you may end up frustrated, disappointed and, unfortunately, perhaps misled.

 

 

Lew Corcoran
Licensed Real Estate Professional

Best Choice Real Estate Services
133 Turnpike St, South Easton, MA 02375
Phone Toll-Free: (800) 984-3341

Serving Easton MA and the Surrounding Area

 

Search the MLS for:

Homes for Sale | Homes for Rent

Short Sales (Pre-Foreclosures)

Government and Bank Foreclosed Homes for Sale

Learn how to Avoid Foreclosure with Home Rescue Plans

Get the latest Easton MA Real Estate Market News

0 commentsLew Corcoran • July 16 2010 09:31AM

Update on Home Sales in Mashpee MA Through March 2010

Update on Home Sales in Mashpee MA Through March 2010

According to Trulia.com, sales prices of homes in Mashpee and have increased 28.1% over the past year. The current average listing price of homes for sale in Mashpee, MA is $559,420, while the current median sales price is $292,500.

The median sales price is the price at which one half of the homes sold above that amount, and one half of the homes sold below that amount. Below is a chart of the trend of median sales prices of homes in Mashpee, MA, in the past year through March 2010:


Below is a chart of the trend of home sales in Mashpee, MA, in the past year through March 2010:


If you're looking to buy a home or condo in Mashpee or in the surrounding area, then search the MLS.

 

Lew Corcoran
Licensed Real Estate Professional

Best Choice Real Estate Services
133 Turnpike St, South Easton, MA 02375
Phone Toll-Free: (800) 984-3341

Serving Easton MA and the Surrounding Area

 

Search the MLS for:

Homes for Sale | Homes for Rent

Short Sales (Pre-Foreclosures)

Government and Bank Foreclosed Homes for Sale

Learn how to Avoid Foreclosure with Home Rescue Plans

Get the latest Easton MA Real Estate Market News

2 commentsLew Corcoran • April 16 2010 08:12AM