Comparing 2020 and 2021 : Pittsfield Single Family October Sales

Well I have to say I was quite surprised !!!

If you scroll to the very bottom of each report you will see my favorite page. This is the “ Compare” page of the report. It shows super interesting details such as average days on the market, average selling price, and average selling to list price adjustment.

I was surprised to see how similar the reports were ! The biggest change was the average selling price. It went up by $30,000 from 2020’s average which I feel is significant.

Yeah for Pittsfield ! The market in Pittsfield continues to be very strong. The average days on the market for both years was around 70 days. This tells us that most homes went under contract in the first week. That is for sure….. A SELLERS MARKET!!!! Homes that have financing typically take 45-60 days to close. I am sure that there were also some cash sales mixed in there as well.

Now we sit and wait and see what happens in the market as winter approaches.

Inventory continues to be very low. As agents, I know that we are checking what we call our “ Hot Sheet” which notes new homes to the market on a VERY regular basis. Hoping to see new listings for our buyers that are ready and able to buy.

Have a great month everyone ! Any questions on the report just let me know. Click on the links below to open each report:

Pittsfield Single Family Sales October 2020

Pittsfield Single Family Sales October 2021

Tanya


”The seasons are what a symphony ought to be: four perfect movements in harmony with each other.”

~Arthur Rubinstein, unverified