Is Berkley, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | $137K | N/A |
| 2 Bedrooms | $340K | $410K | +20.6% |
| 3 Bedrooms | $425K | $500K | +17.6% |
| 4 Bedrooms | $488.9K | $610K | +24.8% |
| 5+ Bedrooms | $533K | $650K | +22.0% |
How many homes are available in Berkley, MA?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 12 | 22 | +83.3% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 0 | 3 | +100.0% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 3 | 4 | +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
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 2021 | May 2022 | % |
|---|---|---|
| 18 Days | 19 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
Key Takeaway
Many homes in Berkley are selling fast, if you're buying plan to act quickly.
