Is Petersham, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Petersham is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Petersham has remained a Seller's Market.

Key Takeaway

Petersham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Petersham, MA cost?

Median Sold Price

$382,450

$213/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

+$14,950(+4.1%)

Key Takeaway

Homes in Petersham have sold for 4.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 $367.5K-
N/A
3 $549.9K$382.4K
-30.5%
4 $120K-
N/A
5+ --
N/A

How many homes are available in Petersham, MA?

Number of Homes For Sale

Oct 2022Nov 2022%
85-37.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 10
-100.0%
3 43
-25.0%
4 21
-50.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Petersham, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
69 Days31 Days-54.3%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Petersham has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Petersham, MA

There are 5 homes are for sale in Petersham, MA real estate market. The inventory of homes for sale in Petersham, MA between October 2022 and November 2022 decreased by 37.5%. The median list price of listings available in November 2022 was $382,450, while the average time on the real estate market was 31 days. Listing prices have changed in this real estate market between November 2021 and November 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0% more expensive, prices of 3 bedrooms properties decreased by 30.5%, prices of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went down by 100%, number of 3 bedrooms homes decreased by 25%, volume of 4 bedrooms homes went down by 50%, number of 5 bedrooms homes remained the same. Over 0 listings were sold over their listed price in November 2022 in Petersham, MA. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price.

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