Berkshire 2016 Market Watch Report

The 2016 Market Watch Report has been released in full format.  Sales continue to rise since 2010, with the total number of real estate transactions in 2016 topping 1686 transfers.  This is the high since 2005.  Similarly, the dollar volume of the sales also continued to grow, topping at 407 million dollars transacted in 2016.  While this dollar volume is the highest since 2007, it should be noted that the average home sale price has not rebounded in the same manner.  In all regions, the average home sale price in 2007 was higher than today. Our growth is in the number of transactions and not the individual sales prices when compared to our market high.  Read the full report to see 5 year historical numbers.