Pelham Real Estate Statistics

Pelham real estate average sold price in the last 30 days (January 21 - February 19) was $830,552, which is $51,500 (6.2%) higher than the average price of $779,052 in the previous 30 day period (December 22 - January 20), and $16,636 (2.0%) up from the same period 1 year ago ($813,916). Pelham real estate prices over the last 30 days are also $67,078 (8.1%) lower than the average selling price of $897,630 over the past year.

Pelham average sold price for homes was $912,708 in the last 30 days (January 21 - February 19), which is $50,632 (5.5%) up from the average home price of $862,076 in the previous 30 day period (December 22 - January 20), and $96,163 (10.5%) higher than the same period 1 year ago ($816,545). In the last 30 days Pelham the average home price was $30,598 (3.4%) lower than the average selling price of $943,306 over the last 12 months.

Average sold price of Pelham townhouse was $731,633 in the last 30 days (January 21 - February 19), up $70,383 (9.6%) from the average townhome price of $661,250 over the previous 30 days (December 22 - January 20), and $53,367 (7.3%) lower than during to the same period 1 year ago ($785,000). Over the last 30 days the average townhouse price in Pelham was $93,824 (12.8%) higher compared to the average selling price of $637,809 over the last 12 months.

Average selling price for Pelham real estate was $830,552 in the last 30 days (January 21 - February 19), which is collectively $12,129 (1.3%) lower than the average asking price of $929,173. This represents an increase of $19,392 (61.5%) compared to $31,521 (3.2%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Pelham during the last 12 months was recorded in December, 2024 with an average of $12,890 under the asking price, while the minimum occurring in September, 2024 with $58,407 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Pelham was 28.3% with 17 properties sold and 62 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 30.6% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 60.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Pelham was 2,079.2% recorded in November and the lowest was in January at 31.2%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 17 properties that were successfully sold in Pelham in the last 30 days (January 21 - February 19) was 31 days, which is 41 days less than 72 days average in the previous 30 day period (December 22 - January 20) and 8 days shorter than during the same period a year ago (39 days).

There were 27 delisted properties in Pelham, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 98 days on the market. This is 3 days shorter than the average of 101 days during the previous 30 day period (December 22 - January 20) and 4 days more compared to the same period last year average of 94 days on the market.

27 Pelham properties that didn't sell stayed on the market 216.1% longer than 17 that sucessfully sold over the last 30 days - 31 days when sold vs 98 days when delisted respectively.

Average Days on the Market in Pelham over the past 12 months for properties that have sold was 43.7 days, with 91.0 days for those properties that did not sell.

60 new properties were listed on the market in Pelham in the last 30 days (January 21 - February 19). During the same time 17 properties were sold and 27 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 16 properties (or 26.7%).

During the previous 30 day period (December 22 - January 20) there were 62 new properties listed, 19 sold and 48 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was January with 77 new properties listed, the slowest - December with 17 new listings and a yearly average of 34 new listings per month.

There were a total of 36 homes listed during the last 30 days (January 21 - February 19), which is 60.0% of all properties listed in Pelham. This is a 14.3% decline compared with a previous 30 day period (December 22 - January 20) and 157.1% up from the same period a year ago. Over the past year an average of 24 homes are were listed per month.

18 townhomes were listed over the last 30 days (January 21 - February 19) in Pelham, which is 30.0% of all new real estate inventory. This is a 5.3% less than during the previous 30 day period (December 22 - January 20) and 200.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 8 a month.

There were a total of 12 homes sold during the last 30 days (January 21 - February 19), which is 70.6% of all properties sold in Pelham. This is a 7.7% decline compared with a previous 30 day period (December 22 - January 20) and 9.1% up from the same period a year ago. Over the past year an average of 98 homes are were sold per month.

3 townhomes were sold over the last 30 days (January 21 - February 19) in Pelham, which is 17.6% of all sold real estate. This is a 25.0% less than during the previous 30 day period (December 22 - January 20) and 200.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 12 a month.