Real Estate Market Update for Pelham, MA
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 29% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 300-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 600%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 190-thousand dollars. The number of units sold increased 200% year-over-year, and increased 200% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Pelham, MA
School Data for Pelham, MA

School Name Distance Type Grades GreatSchools Rating Parent Rating
Pelham Elementary 0.1 mi Public PRESCHOOL-6 4 3
Fort River Elementary School 1.7 mi Public K-6 3 5
Amherst Regional Middle School 2.2 mi Public 7-8 3-5 3
Amherst Regional High School 2.3 mi Public 9-12 3-5 4
Wildwood Elementary 2.4 mi Public K-6 3-5 4
The Common 3.0 mi Private PRESCHOOL-6 0 4
Crocker Farm Elementary 3.4 mi Public PRESCHOOL-6 3-5 4
Amherst Montessori School 3.7 mi Private PRESCHOOL-6 0 4
School To Farm Program 4.6 mi Private - 0 0
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
Local Weather for Pelham, MA
    Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.