$10,000 Closing Credit*
$895,000
2,184 SqFt
5 Beds
•3 Full Baths
#73306632, Lori Jurkowski, Listing Office: Kinlin Grover Compass
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
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.
Housing Prices in South Chatham, MA
How much do homes in South Chatham, MA cost?
Median Sold Price
$707,500
$406/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$207,500(-22.7%)
Key Takeaway
Homes in South Chatham have sold for 22.7% less than they did a month ago.
Summary: The median home sold price in South Chatham was $707,500 in November 2024, down 22.7% from last month, and the median price per square foot was $406.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $690K | $707.5K | +2.5% |
| 4 Bedrooms | $1.4M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: South Chatham housing prices by bedroom type for November 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 increased by 2.5%, 4 bedroom homes did not change, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The South Chatham real estate market had 9 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 3 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The South Chatham housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Chatham, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in South Chatham in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 82 Days | 10 Days | -87.9% |
Summary: Homes in South Chatham had an average of 10 days on market in Nov 2024, down by 87.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Chatham are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in South Chatham; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
