Is South Chatham, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, South Chatham was a Seller's Market.
Housing Prices in South Chatham, MA
How much do homes in South Chatham, MA cost?
Median Sold Price
$1,125,000
$583/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in South Chatham was $1,125,000 in April 2024, up 11.5% from last month, and the median price per square foot was $583.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $375K | - | N/A |
3 Bedrooms | $1.1M | $850K | -26.1% |
4 Bedrooms | $1.0M | $1.4M | +38.8% |
5+ Bedrooms | - | - | N/A |
Summary: South Chatham housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 26.1%, 4 bedroom homes increased by 38.8%, and 5+ bedroom homes did not change.
Housing Supply in South Chatham, MA
How many homes are available in South Chatham, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Summary: The South Chatham real estate market had 16 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 5 | 8 | +60.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The South Chatham housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in South Chatham in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for South Chatham, MA
How long does it take to sell a home in South Chatham, MA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
97 Days | 37 Days | -61.3% |
Summary: Homes in South Chatham had an average of 37 days on market in Apr 2024, down by 61.3% compared to last month.
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
Summary: During April 2024, 2 homes were sold in South Chatham; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.