$89,900
8.02 Acres
Land
#73298238, Adam Spear, Listing Office: RE/MAX Compass
Is Berkshire County, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Berkshire County has remained a Buyer's Market.
Key Takeaway
Berkshire County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Berkshire County, MA
How much do homes in Berkshire County, MA cost?
Median Sold Price
$266,000
$210/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
-$174,000(-39.5%)
Key Takeaway
Homes in Berkshire County have sold for 39.5% less than they did a month ago.
Summary: The median home sold price in Berkshire County was $266,000 in September 2024, down 39.5% from last month, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $107.5K | N/A |
| 2 Bedrooms | $217.5K | $188K | -13.6% |
| 3 Bedrooms | $411.7K | $397.5K | -3.5% |
| 4 Bedrooms | $630K | $257K | -59.2% |
| 5+ Bedrooms | $1.8M | $287K | -84.1% |
Summary: Berkshire County housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.6%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 59.2%, and 5+ bedroom homes decreased by 84.1%.
Housing Supply in Berkshire County, MA
How many homes are available in Berkshire County, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 118 | 139 | +17.8% |
Summary: The Berkshire County real estate market had 139 homes for sale in September 2024, a 17.8% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 11 | +37.5% |
| 2 Bedrooms | 20 | 18 | -10.0% |
| 3 Bedrooms | 45 | 61 | +35.6% |
| 4 Bedrooms | 24 | 27 | +12.5% |
| 5+ Bedrooms | 21 | 22 | +4.8% |
Summary: The Berkshire County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 35.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berkshire County, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Berkshire County in September 2024, up by 14.3% month-over-month. Of the 16 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.
Days on Market for Berkshire County, MA
How long does it take to sell a home in Berkshire County, MA?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 66 Days | 49 Days | -25.7% |
Summary: Homes in Berkshire County had an average of 49 days on market in Sep 2024, down by 25.7% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Berkshire County are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 16 homes were sold in Berkshire County; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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