Membership Report as of November 4, 2013
Membership Report November 4, 2013 # REALTORS Budgeted 470 # REALTORS Paid to Date 465…
Flood Insurance Survey May Help
We’ve been talking about changes to flood insurance for some time now, but there are…
Berkshire Market Watch Report
Here is a link to the full 2024 Quarter 1 Market Watch report for the Berkshires.
In the first quarter of 2024, the volume of real estate sales rose to over $137 million dollars including residential, condo, multifamily, land and commercial sales. The number of transactions rose by 2%, or an increase of 6 sales when compared to last year. Notably, the sales of single-family residential homes, condos and multifamily units improved in the first quarter of 2024 when compared to last year, but land and commercial sales fell. Overall 1st quarter sales are more consistent with pre-pandemic rates. A lack of available inventory remains a significant issue in the residential home market, especially in workforce housing price ranges. This is reflected in a slightly improved but still considerably lower historic inventory level. (pg 6)
| Quarter 1 – All Sales | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| # Sales | 294 | 341 | 460 | 449 | 310 | 316 |
| % chg # | -2% | 16% | 35% | -2% | -31% | 2% |
| $ Sales | $68,393,211 | $99,453,140 | $156,996,430 | $165,506,987 | $118,259,331 | $126,901,856 |
| % Chg $ | -15% | 45% | 58% | 5% | -29% | 7% |
Overall Real Estate Sales by Region
- 2023 was a tough year for home buyers finding a property within their range and being able to afford and qualify for a mortgage while rates moved up and leveled during the year.
- 2024 starts with a slight but comfortable overall rebound. Noting that the lack of home inventory remains a challenge, as does high building costs, interest rates and inflation pressure, sales are still impacted by market dynamics.
RETS, Data Use, and Other Website Options
Internet Data Exchange (IDX)
IDX is a method of providing a search feature on your website. This allows members of the public to utilize your site to perform a search of properties in the Multiple Listing Service. Limited data is displayed back to them. There are several options available to integrate this search on your site, keep reading to find out more! Please inquire from Board Office staff or Flex IDX staff to see about the options available. A free, smart frame version IDX SE is included in our MLS contract. Please go to IDX Manager from the menu in FlexMLS.
Data Feeds – $100 – $1,000 / yr
We offer members with an RESO API data feed for API through the Sparkmart Platform managed by FBS data systems. RETS is currently being deprecated in favor of the Spark API and our RESO Web API. The future of real estate data transport increasingly uses RESO standards like the Web API and Data Dictionary. After execution of the local agreement, please follow these steps to learn how to subscribe to an MLS data plan in the Spark Datamart:
- The Brokerage must execute a Data License Agreement to begin. Email this completed agreement to Sue@BerkshireRealtors.org (MLS Admin) and/or Sandy@BerkshireRealtors.org (CEO)
- Visit The Spark Platform and click “Signup” in the upper right hand corner. Note: Check out Pricing, Documentation. (Note $100 per agent or office feed, $1,000 for MLS wide license)
- Complete the Developer Registration form and click “Sign Up” at the bottom of the page.