Berkshire Market Watch Report

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

Central Berkshire Infographic

2017 Central Berkshire MA Sales 2nd Quarter

Southern Berkshire Infographic

2017 Reports:  1st Quarter 2017 Market Watch | 2nd Quarter 2017 Market Watch

Past Editions:2016 Year End Market Watch Report | 2015 Year End Market Watch2014 Year End Market Watch | 2013 Year in Review Report | 2012 Year in Review Report| 2011 Year in Review Report 


 


No Signage Allowed in Becket Estates

Thank you, Ann Spadafora, for sharing with the Board Office an email received from the Becket Estates Board of Directors.  The Board has advised that according to Bylaws and newly written rules and regulations of the Association, no signage is permitted. If you have a listing in Becket Estates that currently has a for sale

2017 2nd Quarter Market Watch

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

Homeownership: We were made for this

NAR’s newest ad campaign entitled, “Homeownership: We were made for this” has a funny way to deliver the messages of both home-ownership and using a REALTOR in very short, videos. Check them out.  The videos will be available for sharing on the 26th. You can sign up for notification here: https://www.nar.realtor/consumer-advertising-campaign/ad-center
broadband_lastmile

Broadband Update for Windsor and Mount Washington

Two Berkshire towns have received state grants to design and build their own municipal broadband networks, according to the Western MA Economic Development Council. Gov. Charlie Baker’s administration last week released $4.6 million in total, with Mount Washington receiving $222,000 for an estimated $1.25 million network and Windsor receiving $830,000 for an estimated $2.19 million

Berkshire Women Realtor Builders Giving Back

Kudos to the Realtors who volunteered for the Habitat for Humanity Women’s Build. Despite cold, wet weather, our intrepid our REALTOR ReACT [Real Estate Agent’s Charitable Task-Force] Volunteers got down and dirty, helping to build a home for a family of 7 with 5 children.   You make us proud! Mary Jane Dunlop (REACT Chair), Rose Schnopp

The Official Market Watch is Here!

The full 1st Quarter 2017 Market Watch (pdf) is here.  Use the link to get the full report that shows how all regions of the Berkshires are doing, as well as a full market overview.  For a quick peek, the strongest markets YTD compared to the first quarter last year are:  Adams, Lanesboro, Pittsfield, Richmond,

22 Towns Now Right to Farm

Hinsdale has been added to the list of communities that have adopted right to farm bylaws.  Please be aware that Hinsdale, like Pittsfield, does not require a singed copy of the Right To Farm Notification to be filed.  All other communities have such a requirement.  Please update your listings accordingly! Adams Alford Becket Cheshire Egremont

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. 
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