How did the Mashpee Real Estate Market Fair in 2023?

Nestled on Cape Cod, Mashpee, MA, is a picturesque town known for its coastal charm, rich history, and vibrant community. As we delve into the Single Family Sold Listings data for 2023, a captivating story unfolds, revealing the dynamics of the local real estate market. Join us on a journey to explore the key statistics that define the allure of Mashpee as a sought-after residential destination.

Market Highlights:
In 2023, Mashpee experienced a bustling real estate market with 197 Single Family Sold Listings. Let’s delve into the essential metrics that paint a vivid picture of the housing landscape in this scenic town.

1. **Average Living Area SqFt: 2035.3**
Mashpee homes offer a comfortable and spacious living experience, with an average living area of 2035.3 square feet. This factor contributes to the town’s appeal, catering to residents who appreciate both the coastal surroundings and the comfort of a well-sized home.

2. **Average List Price: $1,010,207**
The average list price reflects the perceived value of homes in Mashpee, standing impressively at $1,010,207. This figure suggests that the town’s real estate market caters to those seeking premium properties in a desirable location.

3. **Average List Price per SqFt: $489**
The cost per square foot averages at $489, providing a detailed understanding of the pricing structure in Mashpee. This metric is crucial for potential homebuyers seeking transparency and insights into the value of different properties.

4. **Average Days on Market (DOM): 55.27**
Mashpee’s real estate market exhibits a more deliberate pace, with an average DOM of 55.27 days. This indicates that buyers in Mashpee may take their time exploring options, and sellers should factor in a slightly longer timeframe when planning their transactions.

5. **Average Days to Offer (DTO): 39.61**
With an average DTO of 39.61 days, it’s evident that buyers in Mashpee are engaged and decisive. This metric underscores the importance of a well-prepared and market-ready property to attract timely offers.

6. **Average Sale Price: $979,204**
The average sale price in Mashpee reached $979,204, indicating that properties are achieving strong values in line with their listing prices.

7. **Average Sale Price per SqFt: $477**
Calculating the sale price per square foot at $477 provides additional granularity to the market dynamics, allowing buyers and sellers to assess the value associated with various property sizes.

Conclusion:
Mashpee, MA, stands as a beacon of coastal elegance, and the 2023 real estate market reflects the town’s unique appeal. As the data suggests, Mashpee caters to those in pursuit of premium homes, offering a blend of comfort, style, and a coveted Cape Cod lifestyle. Whether you’re considering buying or selling, understanding these key metrics will empower you to navigate the Mashpee real estate market with confidence and informed decision-making.