Amherst Town-Northampton, MA

The current pace of transactions, as reflected by the 0.68 pending ratio, suggests a market where available properties are moving efficiently from active to pending status. While inventory has increased, the strong demand absorption indicates that prospective purchasers must act with a degree of alacrity to secure properties, creating a dynamic where price discipline may be less pronounced.

While the average listing price experienced a modest year-over-year increase of 1.6% to $618,836, the median listing price grew considerably more at 8.4%. This disparity suggests a potential softness in the highest price tiers, where average price growth is lagging the broader market's median. Median $/sqft growth of 7.2% indicates general strength but does not fully align with the average price trend, hinting at some stratification at the top end of the market.

298 active listings represent the current floor, with new supply arriving at roughly 168 per month.

of active listings carry a price reduction, -0.9% from prior period.

Median price per square foot has moved +7.2% year-over-year.

Pending-to-active ratio — Accelerated.