There is good news to be found in the Berkshire County Real Estate 2nd quarter market watch report. The dollar volume of real estate sales is up 4% and the number of transactions sold is up 8%. The number of residential homes, multi-family homes, land parcels, condos and commercial properties sold in the first quarter rose compared to sales last year. The first quarter of 2017 was very robust, so the continued momentum despite low inventory is a very positive market trend.
| All Sales | 2016 | 2017 | ||
| 1st & 2nd Qtrs | $ Sold | # Sold | $ Sold | # Sold |
| North | $20,856,596 | 146 | $21,247,564 | 156 |
| Central | $57,980,891 | 313 | $61,979,425 | 337 |
| South | $94,409,942 | 260 | $96,148,437 | 286 |
| Grand Total | $173,247,429 | 719 | $179,375,426 | 779 |
The areas of the largest growth over the first two quarters of the previous year were in condo and multifamily markets. The Central and Northern Berkshire land markets had a double digit jump in both dollar volume transacted and the number of sales. Commercial sales in Northern and Central Berkshire were strong and offset the decrease noted in southern Berkshire’s commercial market.
Residential Sales Overview by Region:
- Northern Berkshire had 101 home sales, 6 down from 103.
- Central Berkshire had 251 home sales, 5 up from 248
- Southern Berkshire had 225 homes sales, 5 up from 204.
Read the full report: 2nd Quarter Market Watch
Share the regional graphics in social media:
| Northern Berkshire Infographic
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Central Berkshire Infographic
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Southern Berkshire Infographic
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2017 Reports: 1st Quarter 2017 Market Watch | 2nd Quarter 2017 Market Watch
Past Editions:2016 Year End Market Watch Report | 2015 Year End Market Watch | 2014 Year End Market Watch | 2013 Year in Review Report | 2012 Year in Review Report| 2011 Year in Review Report