Is Berkshire County, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berkshire County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Berkshire County was a Buyer's Market.

Key Takeaway

Berkshire County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Berkshire County, MA

How much do homes in Berkshire County, MA cost?

Median Sold Price

$295,000

$219/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$29,000(+10.9%)

Key Takeaway

Homes in Berkshire County have sold for 10.9% more than they did a month ago.

Summary: The median home sold price in Berkshire County was $295,000 in October 2024, up 10.9% from last month, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $107.5K$319.2K
+197.0%
2 $188K$250K
+33.0%
3 $338.7K$292.5K
-13.7%
4 $303.5K$309.9K
+2.1%
5+ $287K$320K
+11.5%

Summary: Berkshire County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 197%, 2 bedroom homes increased by 33%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 11.5%.

Housing Supply in Berkshire County, MA

How many homes are available in Berkshire County, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
138154+11.6%

Summary: The Berkshire County real estate market had 154 homes for sale in October 2024, a 11.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 128
-33.3%
2 1920
+5.3%
3 6170
+14.8%
4 2729
+7.4%
5+ 1927
+42.1%

Summary: The Berkshire County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 42.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1824+33.3%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berkshire County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Berkshire County in October 2024, up by 33.3% month-over-month. Of the 24 sold homes, 63% were sold under asking, 21% were sold at asking, and 17% 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

Sep 2024Oct 2024CHANGE
53 Days65 Days+23.6%

Summary: Homes in Berkshire County had an average of 65 days on market in Oct 2024, up by 23.6% compared to last month.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 24 homes were sold in Berkshire County; 58% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

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

Report Updated 20 Days Ago

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