Is Sandwich, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Sandwich has remained a Seller's Market.
Key Takeaway
Sandwich is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sandwich, MA
How much do homes in Sandwich, MA cost?
Median Sold Price
$650,000
$380/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Sandwich have sold for 2% more than they did a year ago.
Summary: The median home sold price in Sandwich was $650,000 in May 2024, up 2% from last year, and the median price per square foot was $380.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $469.9K | $352K | -25.1% |
| 2 Bedrooms | $470.2K | $515K | +9.5% |
| 3 Bedrooms | $627.5K | $645K | +2.8% |
| 4 Bedrooms | $780K | $800K | +2.6% |
| 5+ Bedrooms | $815K | $1.8M | +130.4% |
Summary: Sandwich housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.1%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 130.4%.
Median Sold Price Compared To Nearby Cities
| Bourne | $549.9K | $630K | +14.6% |
| Forestdale | $545K | $569.5K | +4.5% |
| Buzzards Bay | $499.9K | $520K | +4.0% |
| Sandwich | $636.9K | $650K | +2.0% |
| East Sandwich | $777.2K | $649K | -16.5% |
Housing Supply in Sandwich, MA
How many homes are available in Sandwich, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 92 | 117 | +27.2% |
Summary: The Sandwich real estate market had 117 homes for sale in May 2024, a 27.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 14 | 22 | +57.1% |
| 3 Bedrooms | 42 | 54 | +28.6% |
| 4 Bedrooms | 28 | 30 | +7.1% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Sandwich housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 33 | +83.3% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sandwich, you may be able to get a good deal. 57.6% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Sandwich in May 2024, up by 83.3% month-over-month. Of the 33 sold homes, 58% were sold under asking, 6% were sold at asking, and 36% were sold over asking.
Days on Market for Sandwich, MA
How long does it take to sell a home in Sandwich, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 28 Days | 57 Days | +101.3% |
Summary: Homes in Sandwich had an average of 57 days on market in May 2024, up by 101.3% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sandwich are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 33 homes were sold in Sandwich; 73% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
