Is South Chatham, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Chatham is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

How much do homes in South Chatham, MA cost?

Median Sold Price

$451,000

$345/sqft

Based on all homes sold in May 2022.

Difference Since Last Month

-$2,149,000(-82.7%)

Key Takeaway

Homes in South Chatham have sold for 82.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022May 2022%
1 --
N/A
2 -$451K
N/A
3 $2.6M-
N/A
4 --
N/A
5+ --
N/A

How many homes are available in South Chatham, MA?

Number of Homes For Sale

Apr 2022May 2022%
550.0%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 23
+50.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Apr 2022May 2022%
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Chatham, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Apr 2022May 2022%
19 Days18 Days-5.3%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in South Chatham are selling fast, if you're buying plan to act quickly.

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

About South Chatham, MA

There are 5 homes are for sale in South Chatham, MA real estate market. While the average time on the market in May 2022 was 18 days, the median list price was $451,000. This housing market listing prices have changed between May 2021 and May 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties increased by 0%, 4 bedrooms properties became 0% more expensive, 5 bedrooms properties became 0% more expensive. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 50%, 3 bedrooms homes became 33.3% less available, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes inventory did not change. South Chatham, MA housing market in May 2022 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 0 sold below.

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