Home sales in Pelham were better in the month of May 2008 with 45 homes closing. This was up from 43 in April. The average salesprice was $195,166 with sales ranging from $40,000 for a lot with a manufactured home to $352,650 for a 4 bedroom, 4.5 bath in Ballantrae. The average days on the market for sold properties was 108.17. Currently there are 334 properties on the market in Pelham which represents a 7.10 month supply.
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