$5,807 Closing Credit*
$489,000
1,620 SqFt
2 Beds
•2 Full Baths
#73311591, Ademar Alvarenga, Listing Office: Keller Williams Realty Evolution
Is Berlin, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Berlin was a Seller's Market.
Key Takeaway
Berlin is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Berlin, MA
How much do homes in Berlin, MA cost?
Median Sold Price
$520,000
$261/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$87,500(+20.2%)
Key Takeaway
Homes in Berlin have sold for 20.2% more than they did a month ago.
Summary: The median home sold price in Berlin was $520,000 in October 2024, up 20.2% from last month, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $432.5K | - | N/A |
| 4 Bedrooms | - | $520K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Berlin housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Berlin, MA
How many homes are available in Berlin, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Summary: The Berlin real estate market had 14 homes for sale in October 2024, a 75.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 6 | +200.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Berlin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Berlin, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Berlin in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Berlin, MA
How long does it take to sell a home in Berlin, MA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 28 Days | -65.0% |
Summary: Homes in Berlin had an average of 28 days on market in Oct 2024, down by 65% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Berlin are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Berlin; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
