Real Estate Market Report - Pittsfield, MA (Dec, 2023)
Current Market Condition
129
Active Listings
53
Pending Listings
$264,900
Median List Price
The median sale/list price for homes fluctuates over the course of the 12-month period, with a low of $192,400 in February 2023 and a high of $317,450 in September 2023. The median price for listings is consistently higher than the median sale price, with a difference of up to $60,000 in some months. Overall, there is a general upward trend in both sale and list prices over the year.
Median Sale/List Price
The median sale price per square foot fluctuates over the course of a year, with a high of $192.231 in May 2023 and a low of $109.91 in January 2023. However, overall there is a general upward trend with a peak of $184.848 in October 2023.
Median Sale Price per Square Foot
The median sale price to list price ratio starts at 1.0 in December 2022, drops to 0.966 in February 2023, before gradually increasing to reach 1.006 in July 2023, but decreases again to 0.981 in November 2023.
Median Sale Price to List Price Ratio
The first set of data shows an increasing trend in the number of properties sold/listed between December 2022 and November 2023, with the highest count being in April and June 2023. The second set of data shows a fluctuating trend with the highest count in June 2023 and the lowest count in February 2023. Overall, both sets of data suggest a relatively active real estate market during this period.
Properties Sold/Listed
The median days on market for properties in the given dataset ranged from a low of 53.5 days in May 2023 to a high of 95 days in March 2023, with the median generally hovering around 60-70 days throughout the rest of the year.
Median Days on Market
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