Home Prices in Yarmouth MA for January 2014
Real estate market data for Yarmouth MA provided by Nichole Willey & Associates of Keller Williams Realty Cape Cod & the Islands.
Yarmouth MA Home Prices
We have seen 5 months of sold price increases on home prices in Yarmouth MA and don’t expect things to slow down anytime soon. If you are considering buying a home you can still find deals on a house in Yarmouth MA, or on Cape Cod in general, but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market, and if they are priced at market value, bringing multiple offers! As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Yarmouth MA home on which you are making an offer.
If you are interested in how much current inventory is on the market in Yarmouth MA you can find that information by clicking on the link, or on the graph above. Currently in this area of Yarmouth, homes have a median list time of 95 days on the market before they sell. This is well below the national average. Sellers should make sure to price their home near market value if they expect to get an offer from interested buyers. Low inventory in Yarmouth MA has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.
If you are interested in how much current inventory is on the market in Yarmouth MA you can find that information by clicking on the link, or on the graph above. Currently in this area of Yarmouth, homes have a median list time of 95 days on the market before they sell. This is well below the national average. Sellers should make sure to price their home near market value if they expect to get an offer from interested buyers. Low inventory in Yarmouth MA has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.
YARMOUTH MA Real Estate Report Summary
The median list price in January for single family homes in Yarmouth MA (02664) is $291,350.
The number of active listings in Yarmouth (02664) decreased by 17.7% from the previous month.
Given the seasonal nature of the area, the percent of unoccupied properties is relatively high in Yarmouth (02664) . It is 24.52% more the national average. Want more info on selling your home in Yarmouth MA or wondering what your home is worth in today's market? Contact Nichole Willey & Associates for a complimentary valuation report here: http://www.findmycapecodhome.com/sell/
Find Homes for Sale in Yarmouth MA
Visit my website to search for homes in Yarmouth MA or to be notified when Yarmouth Massachusetts homes come on the market.
Its a great time to list your proerty for sale - as you can see inventory is down! To find out what your home is worth in the current market fill out this simple form or call 508-737-3567.
This information provided courtesy of Nichole Willey & Associates of Keller Williams Realty Cape Cod
Call or text 508-737-3567 for information on
(NO COST TO HOME BUYERS)
for FREE at www.findmycapecodhome.com/search
Get a FREE report on YOUR HOME's Value at www.findmycapecodhome.com/sell
This information provided courtesy of Nichole Willey & Associates of Keller Williams Realty Cape Cod
Call or text 508-737-3567 for information on
(NO COST TO HOME BUYERS)
for FREE at www.findmycapecodhome.com/search
Get a FREE report on YOUR HOME's Value at www.findmycapecodhome.com/sell
