Mashpee Condos

Mashpee is a town with 14,000 residents on the Massachusetts coastline. It is located in Barnstable County and is part of Cape Cod, which is one of the top summer tourism destinations in the country. Between its scenery, historic attractions, and beautiful beaches, Mashpee is a great place to live. Its population expands in the summertime with daytime tourists and seasonal residents. The town's residential and commercial markets are very healthy, which is true for single-family houses, townhouses and apartments, commercial buildings, and land. On the residential side, the median home value is $379,300. Home values have been rising over the past few years. They have increased by just under 3% since 2017, and they are predicted to rise by approximately 2.2% by 2019. The median listing price in 2018 is about $474,450. In SF, the median listing price is $271, which is below the median listing price of $294 per SF in Cape Cod. Foreclosure rates are lower than both regional and national averages. Only about 1.1 homes out of every 10,000 are foreclosed here, which is below the average foreclosure rate in Cape Cod (4.9%) and nationwide (1.6%). The number of homeowners who are delinquent on mortgage payments is equal to the national average of 1.6%. The number of homeowners who are underwater on their monthly mortgage payments is roughly 6%, which is slightly higher than the Cape Cod average of 5.4%.

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In the first quarter of 2018, the average sale price for a townhouse is $326,250. Homes stay on the market for approximately 117 days, regardless of their size and location. The majority of new listings in the first quarter of 2018 show that most homeowners are asking for a price between $200,000 and $400,000 for their homes. There are also a number of new listings for homes priced between $600,000 and $800,000. The price range of $400,000 to $600,000 accounts for the third largest group of asking prices. Outlying listing prices include units priced under $200,000 and places priced at $1 million and higher. The highest number of homes sell for a price between $200,000 and $400,000. The second most popular group of selling prices is for homes priced below $200,000. A slightly smaller portion of homes sell for a price between $400,000 and $600,000. A few sell for a price between $600,000 and $800,000, while selling prices between $800,000 and $1 million, and above $1 million, have accounted for the lowest volume of home sales between 2017 and 2018. In the past year, the number of new listings has generally exceeded the number of sales for townhouses. Listing prices have typically exceeded sale prices, with a gap of less than $100,000 between the two numbers. The majority of new listings appear in May, and the number of sales are highest in June. Sale rates have exceeded $3.75 million per month at the busiest times, and they have dropped to below $1.25 million during the winter months and early spring.

If you are looking to buy a home here, our staff is eager to help. We are familiar with all aspects of buying, which includes knowing the local neighborhoods and housing trends. We'll help you research homes in the area and narrow down your choices based on amenities, conveniences, and lifestyle factors like access to beaches and public transportation. We can also work with you to plan your home finances, which includes determining a monthly mortgage and setting a down payment limit. Once you are finished planning, you can move on to applying for loans and getting pre-approved for a mortgage. Next, you'll start visiting homes in the area and contacting current homeowners to get more information about homes you want to see. When you've looked at homes in person and found one of your choice, we'll help you through the final steps of closing a sale and finalizing a contract.

Like buying a home, selling a home has steps to follow too. First, selling a home requires making your place presentable and ready to sell. This might mean that you'll have to make minor improvements, like putting in a few new kitchen and bathroom appliances. It may also mean that you should take care of a leaking roof and other issues to pass inspections. Along with making your place safer and more appealing, making these repairs can also raise your asking and sale prices. Then, you'll find a place to advertise your property, which can be either online or in print. You can then start penciling in showings and meetings with prospective buyers. You can work with our staff through this process. Eventually, you'll close a sale with the right buyer. This step is the most important, as there are legal and financial obligations that you will have to fulfill. When all is said and done, you will be a successful home seller.

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