Is Berkley, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berkley is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Berkley has remained a Seller's Market.

Key Takeaway

Berkley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Berkley, MA cost?

Median Sold Price

$530,000

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$87,250(+19.7%)

Key Takeaway

Homes in Berkley have sold for 19.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 -$137K
N/A
2 $340K$410K
+20.6%
3 $425K$500K
+17.6%
4 $488.9K$610K
+24.8%
5+ $533K$650K
+22.0%

Median Sold Price Compared To Nearby Cities

Berkley
+19.7%
Taunton
+17.5%
Assonet
+17.0%
Freetown
+16.9%
Dighton
+4.7%

How many homes are available in Berkley, MA?

Number of Homes For Sale

Apr 2022May 2022%
1222+83.3%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 02
+100.0%
3 710
+42.9%
4 57
+40.0%
5+ 03
+100.0%

Number of Homes Sold

Apr 2022May 2022%
34+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berkley, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
18 Days19 Days+8.9%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Berkley are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Berkley, MA

Berkley, MA has 22 homes on the market. The number of listings in Berkley, MA increased by 83.3% between April 2022 and May 2022. The median list price of listings available in May 2022 was $530,000, while the average time on the real estate market was 19 days. This housing market listing prices have changed between April 2022 and May 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 20.6%, prices of 3 bedrooms properties went up by 17.6%, 4 bedrooms properties prices increased by 24.8%, prices of 5 bedrooms properties went up by 22%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 100%, 3 bedrooms homes became 42.9% more available, number of 4 bedrooms homes increased by 40%, number of 5 bedrooms homes increased by 100%. In May 2022, from all listings sold in Berkley, MA there were more than 3 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price.

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