$3,443 Closing Credit*
$289,900
2,968 SqFt
7 Beds
•3 Full Baths
#73312679, Jose Larios, Listing Office: Lamacchia Realty, Inc.
Is Pittsfield, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Pittsfield has remained a Seller's Market.
Key Takeaway
Pittsfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pittsfield, MA
How much do homes in Pittsfield, MA cost?
Median Sold Price
$277,500
$208/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$7,500(-2.6%)
Key Takeaway
Homes in Pittsfield have sold for 2.6% less than they did a month ago.
Summary: The median home sold price in Pittsfield was $277,500 in October 2024, down 2.6% from last month, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $402K | N/A |
| 2 Bedrooms | $285K | - | N/A |
| 3 Bedrooms | $280K | $270K | -3.6% |
| 4 Bedrooms | - | $302.4K | N/A |
| 5+ Bedrooms | $287K | - | N/A |
Summary: Pittsfield housing prices by bedroom type for October 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 3.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Dalton | $163K | $275K | +68.7% |
| Pittsfield | $285K | $277.5K | -2.6% |
Housing Supply in Pittsfield, MA
How many homes are available in Pittsfield, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 39 | +34.5% |
Summary: The Pittsfield real estate market had 39 homes for sale in October 2024, a 34.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 15 | 19 | +26.7% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 4 | 9 | +125.0% |
Summary: The Pittsfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 26.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 125%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pittsfield, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Pittsfield in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Pittsfield, MA
How long does it take to sell a home in Pittsfield, MA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 41 Days | +131.3% |
Summary: Homes in Pittsfield had an average of 41 days on market in Oct 2024, up by 131.3% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pittsfield are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Pittsfield; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
