2015 2nd Quarter Overall Market Commentary January
2015 2nd Quarter Overall Market Commentary January – June Sales Comparison Real estate sales in Berkshire County for the first two quarters of the year showed a varied market. Slow sales in the winter months due to snowy weather gave way to an anticipated rebound during the spring. Sales of commercial properties, condominiums, and raw land outpaced 2014 sales in both the number sold and the dollar volume transacted. Sales were very close to even in the multifamily market and slightly off in residential sales. Overall, residential sales transactions were greater than the first half of 2014, yet the dollar volume transacted fell, with lower average sale prices. When comparing to last year rates, it should be noted that the first part of 2014 had the highest sales rates in the past 7 years, since 2007. Overall, there are pockets of strong and weak markets not only in the regions, but also town by town and in certain price ranges.
TOTAL # SALES 700 500
533 411
553
613
601
633
2013
2014
2015
472
300 2009
2010
2011
2012
Over 40% of our sales rates are pending for the 3rd quarter. There were 480 residential homes sold in the first 6 months of 2015 and there are another 209 pending sales at the end of June. This represents approx.. 15% of our active inventory. This is a very strong indicator for a robust 3rd quarter.
Jan-June 2010 2011 2012 2013 2014 2015 Commercial $ Sold $1,742,500 $6,582,500 $4,377,743 $6,442,000 $4,166,688 $5,105,900 # Sales 7 13 16 14 9 17 Condominium $ Sold $8,810,331 $6,142,000 $7,497,975 $9,101,800 $8,643,300 $10,272,450 # Sales 36 20 33 33 33 45 Lots/Land $ Sold $5,177,950 $4,711,500 $2,729,900 $8,643,000 $3,674,800 $4,353,975 # Sales 35 37 29 48 46 43 MultiFamily $ Sold $6,169,500 $4,253,229 $4,853,600 $6,506,550 $6,395,350 $6,065,100 # Sales 52 38 52 52 53 48 Residential $ Sold $104,836,413 $99,518,466 $100,841,347 $116,047,211 $133,366,024 $123,814,329 # Sales 403 364 423 466 460 480 Total $ Sold $126,736,694 $121,207,695 $120,300,565 $146,740,561 $156,246,162 $149,611,754 Total # Sales 533 472 553 613 601 633
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 1
RESIDENTIAL PRICE RANGE REPORT Below is the average number of months it will take to exhaust our current inventory of homes on the market based on 2015 sales rates so far this year (absorption). Pending sales are robust.
Pending
Months of Absorption
11
11
33
39
7
7
7
19
4
16
$100K -$149K
33
55
12
10
75
54
27
4
12
33
6
17
$150K -$199K
13
33
8
15
57
70
17
7
19
62
5
20
$200K -$249K
7
21
4
18
29
43
23
9
20
74
9
22
$250K -$299K
2
17
1
51
15
44
14
18
18
77
8
26
$300K -$349K
4
8
0
12
7
36
4
31
17
66
7
23
$350K -$399K
4
16
2
24
7
24
4
21
16
64
8
24
$400K -$449K
1
5
0
30
2
19
3
57
12
42
2
21
$450K -$499K
0
9
1
**
1
13
1
78
6
55
2
55
$500K -$749K
2
23
2
69
7
36
2
31
14
123
12
53
$750K -$999K
2
7
1
21
0
18
0
**
6
77
1
77
$1M -$1.99M
0
8
0
**
0
9
0
**
10
61
0
37
$2,M -$2.99M
0
1
0
**
0
2
0
**
1
17
0
102
$3M -$4.99M
0
1
0
**
0
1
0
**
1
11
1
66
$5M +
0
0
0
**
0
1
0
**
0
2
0
**
Total
88
240
42
16
233
408
102
11
159
783
65
30
Active
36
Sold YTD
Months of Absorption
Active
20
Pending
Sold YTD
$0-$99K
Price Class
Months of Absorption
South
Pending
Central
Active
North
Sold YTD
Jan-June 2015
** Not enough sales to calculate Absorption Rate
North
Central
South
2nd Qtr
Sold $
Active $
Pending $
Sold $
Active $
Pending $
Sold $
Active $
Pending $
Avg
$181,248
$326,292
$191,369
$178,630
$355,436
$216,280
$416,627
$614,486
$391,745
Median
$135,000
$189,900
$154,900
$152,500
$249,900
$124,900
$314,500
$399,900
$98,000
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 2
RESIDENTIAL REPORT Overall residential sales fell by 7% in the first 6 months of 2015 compared to the sales rates of 2014. Sales were significantly stronger than the previous 5 years, as shown below. Northern Berkshire led the pack with increases of 11%, central Berkshire held their own with nearly the same sales rates and southern Berkshire sales slowed by 14% January-June North Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Central Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg South Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
2012
2013
2014
2015
$14,784,250 18.33% 74 19.35% $199,787 -0.86%
$11,897,850 -19.52% 66 -10.81% $180,270 -9.77%
$15,604,722 31.16% 86 30.30% $181,450 0.65%
$14,171,547 -9.18% 84 -2.33% $168,709 -7.02%
$14,306,274 0.95% 79 -5.95% $181,092 7.34%
$15,949,799 11.49% 88 11.39% $181,248 0.09%
$33,537,563 26.32% 174 16% $192,745 8.90%
$33,956,417 1.25% 165 -5.17% $205,796 6.77%
$35,281,975 3.90% 194 17.58% $181,866 -11.63%
$38,137,864 8.09% 214 10.31% $178,214 -2.01%
$41,620,500 9.13% 207 -3.27% $201,065 12.82%
$41,620,811 0% 233 12.56% $178,630 -11.16%
$56,514,600 71.90% 155 49.04% $364,610 15.34% $104,836,41 3 45.77% 403 27.53% $260,140 14.30%
$53,664,199 -5.04% 133 -14.19% $403,490 10.66% $99,518,46 6 -5.07% 364 -9.68% $273,402 5.10%
$49,954,650 -6.91% 143 7.52% $349,333 -13.42% $100,841,34 7 1.33% 423 16.21% $238,396 -12.80%
$63,737,800 27.59% 168 17.48% $379,392 8.60% $116,047,21 1 15.08% 466 10.17% $249,028 4.46%
$77,439,250 21.50% 174 3.57% $445,053 17.31% $133,366,02 4 14.92% 460 -1.29% $289,926 16.42%
$66,243,719 -14.46% 159 -8.62% $416,627 -6.39% $123,814,32 9 -7.16% 480 4.35% $257,947 -11.03%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 3
CONDO REPORT After several slow years of condominium sales, it is a welcome change with sale increases in all parts of the county. Overall, sales rose 19% with an increase of 36% in the number of units sold. This is the highest year on record, to-date, for condo sales since 2007. January-June North Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Central Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg South Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
2012
2013
2014
2015
$795,000 -27.79% 4 -20% $198,750 -9.74%
$264,000 -66.79% 2 -50% $132,000 -33.58%
$931,500 252.84% 6 200% $155,250 17.61%
$916,000 -1.66% 5 -16.67% $183,200 18%
$414,000 -54.80% 2 -60% $207,000 12.99%
$1,041,400 151.55% 5 150% $208,280 0.62%
$3,405,331 291.64% 18 260% $189,185 8.79%
$1,126,000 -66.93% 5 -72.22% $225,200 19.04%
$1,879,850 66.95% 11 120% $170,895 -24.11%
$4,373,400 132.65% 15 36.36% $291,560 70.61%
$2,785,100 -36.32% 12 -20% $232,092 -20.40%
$3,604,400 29.42% 19 58.33% $189,705 -18.26%
$4,610,000 70.11% 14 55.56% $329,286 9.36% $8,810,331 88.23% 36 89.47% $244,731 -0.65%
$4,752,000 3.08% 13 -7.14% $365,538 11.01% $6,142,000 -30.29% 20 -44.44% $307,100 25.48%
$4,686,625 -1.38% 16 23.08% $292,914 -19.87% $7,497,975 22.08% 33 65% $227,211 -26.01%
$3,812,400 -18.65% 13 -18.75% $293,262 0.12% $9,101,800 21.39% 33 0% $275,812 21.39%
$5,444,200 42.80% 19 46.15% $286,537 -2.29% $8,643,300 -5.04% 33 0% $261,918 -5.04%
$5,626,650 3.35% 21 10.53% $267,936 -6.49% $10,272,450 18.85% 45 36.36% $228,277 -12.84%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 4
MULTIFAMILY REPORT The ebbs and flows of the multifamily market show a modest decrease in both the dollar volume and number transacted. That said, multifamily sales in southern Berkshire was a bright spot for this market, with double digit increases in dollar volume and units transacted. Central also reported robust sales. January-June North Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Central Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg South Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
2012
2013
2014
2015
$2,982,100 97.70% 27 80% $110,448 9.83%
$759,500 -74.53% 8 -70.37% $94,938 -14.04%
$1,000,300 31.71% 14 75% $71,450 -24.74%
$2,902,000 190.11% 25 78.57% $116,080 62.46%
$3,106,850 7.06% 27 8% $115,069 -0.87%
$1,732,900 -44.22% 18 -33.33% $96,272 -16.33%
$1,578,900 -51.83% 16 -42.86% $98,681 -15.71%
$2,259,729 43.12% 24 50% $94,155 -4.59%
$3,337,800 47.71% 34 41.67% $98,171 4.26%
$2,968,050 -11.08% 23 -32.35% $129,046 31.45%
$2,636,000 -11.19% 22 -4.35% $119,818 -7.15%
$3,137,200 19.01% 25 13.64% $125,488 4.73%
$1,608,500 120.95% 9 200% $178,722 -26.35% $6,169,500 11.88% 52 13.04% $118,644 -1.03%
$1,234,000 -23.28% 6 -33.33% $205,667 15.08% $4,253,229 -31.06% 38 -26.92% $111,927 -5.66%
$515,500 -58.23% 4 -33.33% $128,875 -37.34% $4,853,600 14.12% 52 36.84% $93,338 -16.61%
$636,500 23.47% 4 0% $159,125 23.47% $6,506,550 34.06% 52 0% $125,126 34.06%
$652,500 2.51% 4 0% $163,125 2.51% $6,395,350 -1.71% 53 1.92% $120,667 -3.56%
$1,195,000 83.14% 5 25% $239,000 46.51% $6,065,100 -5.16% 48 -9.43% $126,356 4.71%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 5
LAND REPORT All regions report increasing sales from the first half of last year. It is a healthy year compared to the 5 year window previously, taking into consideration that there were three very large sales of land in Southern Berkshire in 2013, one over $1.8 million and another for $850,000.
January-June North Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Central Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg South Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
2012
2013
2014
2015
$442,400 21.87% 6 50% $73,733 -18.75%
$340,000 -23.15% 2 -66.67% $170,000 130.56%
$555,500 63.38% 9 350% $61,722 -63.69%
$687,000 23.67% 8 -11.11% $85,875 39.13%
$414,900 -39.61% 8 0% $51,863 -39.61%
$778,400 87.61% 13 62.50% $59,877 15.45%
$591,750 18.71% 9 125% $65,750 -47.24%
$365,000 -38.32% 4 -55.56% $91,250 38.78%
$572,400 56.82% 10 150% $57,240 -37.27%
$1,874,000 227.39% 11 10% $170,364 197.63%
$854,500 -54.40% 10 -9.09% $85,450 -49.84%
$913,000 6.85% 13 30% $70,231 -17.81%
$4,143,800 32.03% 20 66.67% $207,190 -20.78% $5,177,950 29.45% 35 75% $147,941 -26.03%
$4,006,500 -3.31% 31 55% $129,242 -37.62% $4,711,500 -9.01% 37 5.71% $127,338 -13.93%
$1,602,000 -60.01% 10 -67.74% $160,200 23.95% $2,729,900 -42.06% 29 -21.62% $94,134 -26.08%
$6,082,000 279.65% 29 190% $209,724 30.91% $8,643,000 216.61% 48 65.52% $180,063 91.28%
$2,405,400 -60.45% 28 -3.45% $85,907 -59.04% $3,674,800 -57.48% 46 -4.17% $79,887 -55.63%
$2,662,575 10.69% 17 -39.29% $156,622 82.32% $4,353,975 18.48% 43 -6.52% $101,255 26.75%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 6
COMMERCIAL REPORT Commercial transactions are not required to be reported to the Berkshire County Multiple Listing Service, but many are put on the open market in this manner. Of those for sale, we have reported strong increases from last year so far in 2015. January-June North Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Central Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg South Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
2012
2013
2014
2015
$322,500 -40% 2 0% $161,250 -40%
$1,510,000 368.22% 2 0% $755,000 368.22%
$602,500 -60.10% 4 100% $150,625 -80.05%
$354,000 -41.24% 3 -25% $118,000 -21.66%
$1,275,000 260.17% 2 -33.33% $637,500 440.25%
$1,207,900 -5.26% 6 200% $201,317 -68.42%
$520,000 -49.75% 2 -50% $260,000 0.49%
$672,500 29.33% 4 100% $168,125 -35.34%
$872,843 29.79% 4 0% $218,211 29.79%
$946,000 8.38% 4 0% $236,500 8.38%
$170,000 -82.03% 1 -75% $170,000 -28.12%
$972,500 472.06% 5 400% $194,500 14.41%
$900,000 -28.14% 3 -25% $300,000 -4.19% $1,742,500 -38.32% 7 -30% $248,929 -11.88%
$4,400,000 388.89% 7 133.33% $628,571 109.52% $6,582,500 277.76% 13 85.71% $506,346 103.41%
$2,902,400 -34.04% 8 14.29% $362,800 -42.28% $4,377,743 -33.49% 16 23.08% $273,609 -45.96%
$5,142,000 77.16% 7 -12.50% $734,571 102.47% $6,442,000 47.15% 14 -12.50% $460,143 68.18%
$2,721,688 -47.07% 6 -14.29% $453,615 -38.25% $4,166,688 -35.32% 9 -35.71% $462,965 0.61%
$2,925,500 7.49% 6 0% $487,583 7.49% $5,105,900 22.54% 17 88.89% $300,347 -35.13%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 7
NORTH BERKSHIRE AT-A-GLANCE JANUARY – JUNE 2015 Unlike the rest of the county, Northern Berkshire had a robust start to the year, and continued a healthy pace into the second quarter. Sales overall rose 6% from the same period last year and the number of transactions rose 10%. Most markets were strong with sluggish multifamily sales year to date, down 44% from last year. Residential sales were up on average 12%, condo showed a huge improvement and land sales robust as well.
130 sales, ↑ 10%
80%
$20.7M
List-to-Sell Ratio
sales, 6%
Residential Sales Volume $16 M up 12% Residential # Units Sold 88, up 11%
206
$135,000
16
median sale price
months’ supply
$189,900 ↑ median list price
Multi-family Sales Volume: $1.7M, down 44% Multi-family # Units Sold: 18 down 33%
3.98 % ↓ from 4.16%
Condo Sales Volume: $1 M, up 151% Condo # Units Sold: 5, up 150% (from 2 to 5), Land Sales Volume: $778K, up 9% Land # Units Sold: 13, up 63%
Avg 30 Yr MtgRate
240 Homes for Sale
Commercial Sales Volume: $1.2M, down 5% Commercial # Units Sold: 6, up 200%
Continuing the market trends, Adams and Williamstown have healthy increases in sales, but North Adams volume fell by approximately 12%, while transacting one more sale than the same time last year. List prices in North Adams continue to retract, while Adams continues to increase.
$100 K$150 K Hottest Prices Range: For listings and sales
42 sales pending
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 8
NORTH COUNTY RESIDENTIAL SALES January-June Adams $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Clarksburg $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Florida $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg North Adams $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg
2010
2011
2012
2013
2014
2015
$2,521,350 6.22% 21 16.67% $120,064 -8.95%
$3,659,700 45.15% 22 4.76% $166,350 38.55%
$3,255,400 -11.05% 24 9.09% $135,642 -18.46%
$2,838,830 -12.80% 24 0% $118,285 -12.80%
$3,376,849 18.95% 28 16.67% $120,602 1.96%
$3,395,000 0.54% 24 -14.29% $141,458 17.29%
$315,750 -40.42% 3 0% $105,250 -40.42%
$455,000 44.10% 2 -33.33% $227,500 116.15%
$513,500 12.86% 5 150% $102,700 -54.86%
$496,000 -3.41% 4 -20% $124,000 20.74%
$592,400 19.44% 5 25% $118,480 -4.45%
$421,500 -28.85% 3 -40% $140,500 18.59%
$74,500 12.88% 1 0% $74,500 12.88%
$188,700 153.29% 1 0% $188,700 153.29%
$523,000 177.16% 3 200% $174,333 -7.61%
$228,000 -56.41% 2 -33.33% $114,000 -34.61%
$200,000 -12.28% 1 -50% $200,000 75.44%
$179,500 -10.25% 2 100% $89,750 -55.13%
$3,470,650 22.83% 26 36.84% $133,487 -10.24%
$3,180,800 -8.35% 26 0% $122,338 -8.35%
$3,458,412 8.73% 30 15.38% $115,280 -5.77%
$3,660,400 5.84% 30 0% $122,013 5.84%
$3,883,200 6.09% 30 0% $129,440 6.09%
$3,407,700 -12.25% 31 3.33% $109,926 -15.08%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 9
NORTH COUNTY RESIDENTIAL SALES January-June Savoy $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Williamstown $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
$100,000 -44.13% 1 -50% $100,000 11.73% $8,302,000 28.40% 22 22.22% $377,364 5.06% $14,784,250 18.33% 74 19.35% $199,787 -0.86%
2012
2013 $85,000 1 $85,000
$4,413,650 -46.84% 15 -31.82% $294,243 -22.03% $11,897,850 -19.52% 66 -10.81% $180,270 -9.77%
$7,769,410 76.03% 23 53.33% $337,800 14.80% $15,604,722 31.16% 86 30.30% $181,450 0.65%
2014
$331,900 290.47% 2 100% $165,950 95.24% $6,616,417 -14.84% 22 -4.35% $300,746 -10.97% $14,171,547 -9.18% 84 -2.33% $168,709 -7.02%
2015 $789,000 5 $157,800
$6,253,825 -5.48% 15 -31.82% $416,922 38.63% $14,306,274 0.95% 79 -5.95% $181,092 7.34%
$7,576,600 21.15% 22 46.67% $344,391 -17.40% $15,949,799 11.49% 88 11.39% $181,248 0.09%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 10
CENTRAL BERKSHIRE AT-A-GLANCE JANUARY – JUNE 2015 Central Berkshire continues a strong real estate market in most all property types, with gains across the board from the same time last year. With 102 sales pending at the end of June 2015, continuing market improvements are expected through the third quarter.
295 sales ↑ 17%
158
$50.2M
91%
sales ↑ 4.5%
List-toSell Ratio
Residential Sales Volume $42 M, same as ‘14 Residential # Units Sold 233, Up 12%
$152,500
11
median sale price
months’ supply
$249,900 median list price
Multi-family Sales Volume: $3.2M, up 19% Multi-family # Units Sold: 25, up 14%
3.98 % Condo Sales Volume: $3.6M, up 29% Condo # Units Sold: 19, Up 58%
↓ from 4.16% Avg 30 Yr MtgRate
$150-199 K
Land Sales Volume: $913K, up 7% Land # Units Sold: 13, up 30%
Commercial Sales Volume: $973K, up 472% Commercial # Units Sold: 6, up 400%
408 Homes for Sale
Pittsfield and Cheshire reported strong sales for the first half of 2015 compared to 2014. Dalton and Hinsdale sales decreased. While Lanesboro is down over the previous year, they still reported the strongest sales year in the preceding 10 years.
Hottest Price Range: For listings
$100-149K For sales
102 sales pending
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 11
CENTRAL COUNTY RESIDENTIAL SALES January-June Cheshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Dalton $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Hancock $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Hinsdale $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Lanesboro $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg
2010
2011
2012
2013
2014
2015
$1,599,500 39.40% 7 0% $228,500 39.40%
$877,000 -45.17% 4 -42.86% $219,250 -4.05%
$513,750 -41.42% 3 -25% $171,250 -21.89%
$1,401,400 172.78% 10 233.33% $140,140 -18.17%
$1,155,500 -17.55% 6 -40% $192,583 37.42%
$1,186,400 2.67% 9 50% $131,822 -31.55%
$6,415,133 34.01% 27 12.50% $237,598 19.12%
$5,505,400 -14.18% 28 3.70% $196,621 -17.25%
$6,803,000 23.57% 32 14.29% $212,594 8.12%
$3,844,850 -43.48% 21 -34.38% $183,088 -13.88%
$6,032,705 56.90% 29 38.10% $208,024 13.62%
$3,606,092 -40.22% 24 -17.24% $150,254 -27.77%
$584,750 20.20% 3 50% $194,917 -19.87%
$434,900 -25.63% 2 -33.33% $217,450 11.56%
$294,000 -32.40% 2 0% $147,000 -32.40%
$765,000 160.20% 1 -50% $765,000 420.41%
$815,000 6.54% 2 100% $407,500 -46.73%
$454,000 -44.29% 2 0% $227,000 -44.29%
$1,156,500 39.25% 6 20% $192,750 16.04%
$1,418,550 22.66% 5 -16.67% $283,710 47.19%
$556,900 -60.74% 3 -40% $185,633 -34.57%
$1,297,500 132.99% 6 100% $216,250 16.49%
$1,109,000 -14.53% 5 -16.67% $221,800 2.57%
$623,800 -43.75% 4 -20% $155,950 -29.69%
$2,102,000 106.61% 10 66.67% $210,200 23.96%
$1,931,650 -8.10% 10 0% $193,165 -8.10%
$1,802,400 -6.69% 10 0% $180,240 -6.69%
$2,445,600 35.69% 13 30% $188,123 4.37%
$3,366,400 37.65% 16 23.08% $210,400 11.84%
$3,016,700 -10.39% 14 -12.50% $215,479 2.41%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 12
CENTRAL COUNTY RESIDENTIAL SALES January-June Peru $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Pittsfield $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Richmond $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Washington $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
2012
2013
2014
2015
$310,000 21.09% 2 0% $155,000 21.09%
$157,000 -49.35% 2 0% $78,500 -49.35%
$464,500 195.86% 4 100% $116,125 47.93%
$356,500 -23.25% 3 -25% $118,833 2.33%
$580,500 62.83% 3 0% $193,500 62.83%
$325,500 -43.93% 2 -33.33% $162,750 -15.89%
$19,037,680 19.61% 110 13.40% $173,070 5.48%
$21,224,417 11.49% 106 -3.64% $200,230 15.69%
$21,259,525 0.17% 131 23.58% $162,286 -18.95%
$24,039,114 13.07% 150 14.50% $160,261 -1.25%
$23,656,695 -1.59% 135 -10% $175,235 9.34%
$27,842,319 17.69% 165 22.22% $168,741 -3.71%
$1,060,000 -32.03% 4 -20% $265,000 -15.04%
$1,115,000 5.19% 3 -25% $371,667 40.25%
$2,818,000 152.74% 6 100% $469,667 26.37%
$3,495,000 24.02% 8 33.33% $436,875 -6.98%
$4,025,200 15.17% 7 -12.50% $575,029 31.62%
$3,456,000 -14.14% 9 28.57% $384,000 -33.22%
$857,000
$480,000 -43.99% 1 -75% $480,000 124.04% $33,956,417 1.25% 165 -5.17% $205,796 6.77%
$350,000 -27.08% 1 0% $350,000 -27.08% $35,281,975 3.90% 194 17.58% $181,866 -11.63%
$250,000 -28.57% 1 0% $250,000 -28.57% $38,137,864 8.09% 214 10.31% $178,214 -2.01%
$155,000 -38% 1 0% $155,000 -38% $41,620,500 9.13% 207 -3.27% $201,065 12.82%
$820,000 429.03% 3 200% $273,333 76.34% $41,620,811 0% 233 12.56% $178,630 -11.16%
4 $214,250 $33,537,563 26.32% 174 16% $192,745 8.90%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 13
SOUTH BERKSHIRE AT-A-GLANCE JANUARY – JUNE 2015 With residential sales down 15% from the same time last period, the market is still brisk, having regained a 54% decrease in the first quarter of the year. All other markets, including condo, multifamily, land and commercial were overall strong. With 65 sales pending the market for the third quarter, there is hope for continued improvement.
208 sales ↓ 10%
89%
$78.7M
List-to-Sell Ratio
sales ↓ 11%
$314,500 median sale price
3 Residential Sales Volume $66 M, down 15% Residential # Units Sold 159, down 9% Multi-family Sales Volume: $1.2M, up 83% Multi-family # Units Sold: 5, up 25% Condo Sales Volume: $6M, up 3.4% Condo # Units Sold: 21, up 11% Land Sales Volume: $2.7M, up 11% Land # Units Sold: 17, down 39%
249
months’ supply
$399,900 median list price
3.98 % ↓ from 4.16% Avg 30 Yr MtgRate
783 Homes for Sale
Commercial Sales Volume: $2.96M, up 8% Commercial # Units Sold: 6 same as previous
The residential market was strong in Great Barrington and Alford, where sales rates topped those recorded in the first half of 2015. Lenox residential sales were about even and the remaining larger towns of Stockbridge, and Lee and hilltowns reported decreases from the previous year.
$500-749 K Hottest Price Range: For listings
$200-249K For sales
65 sales pending
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 14
SOUTH COUNTY RESIDENTIAL SALES January-June Alford $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Becket $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Egremont $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Great Barrington $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg
2010
2011
2012
$421,000 1 $421,000
2013
2014
2015
$350,000 -16.86% 1 0% $350,000 -16.86%
$4,322,500 1135% 5 400% $864,500 147%
$6,330,800 46.46% 5 0% $1,266,160 46.46%
$7,657,500 20.96% 5 0% $1,531,500 20.96%
$2,230,700 -41.84% 11 -26.67% $202,791 -20.69%
$2,259,800 1.30% 13 18.18% $173,831 -14.28%
$2,001,950 -11.41% 15 15.38% $133,463 -23.22%
$2,419,950 20.88% 16 6.67% $151,247 13.32%
$4,230,800 74.83% 17 6.25% $248,871 64.55%
$3,464,100 -18.12% 16 -5.88% $216,506 -13%
$3,504,000 29.90% 9 80% $389,333 -27.83%
$3,713,000 5.96% 9 0% $412,556 5.96%
$1,967,500 -47.01% 7 -22.22% $281,071 -31.87%
$3,002,750 52.62% 9 28.57% $333,639 18.70%
$7,633,000 154.20% 13 44.44% $587,154 75.98%
$6,087,000 -20.25% 11 -15.38% $553,364 -5.75%
$10,785,500 23.85% 24 0% $449,396 23.85%
$13,217,000 22.54% 31 29.17% $426,355 -5.13%
$11,015,600 -16.66% 27 -12.90% $407,985 -4.31%
$12,422,400 12.77% 34 25.93% $365,365 -10.45%
$8,729,000 -29.73% 26 -23.53% $335,731 -8.11%
$12,155,550 39.25% 28 7.69% $434,127 29.31%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 15
SOUTH COUNTY RESIDENTIAL SALES January-June Lee $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Lenox $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Monterey $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg New Marlborough $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Otis $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg
2010
2011
2012
2013
2014
2015
$5,070,400 55.08% 22 46.67% $230,473 5.74%
$2,454,500 -51.59% 10 -54.55% $245,450 6.50%
$3,096,400 26.15% 14 40% $221,171 -9.89%
$4,767,000 53.95% 16 14.29% $297,938 34.71%
$5,123,400 7.48% 20 25% $256,170 -14.02%
$3,014,794 -41.16% 13 -35% $231,907 -9.47%
$10,228,000 248.60% 24 200% $426,167 16.20%
$6,725,600 -34.24% 17 -29.17% $395,624 -7.17%
$5,488,000 -18.40% 16 -5.88% $343,000 -13.30%
$3,436,500 -37.38% 12 -25% $286,375 -16.51%
$8,484,000 146.88% 17 41.67% $499,059 74.27%
$8,014,075 -5.54% 22 29.41% $364,276 -27.01%
$4,325,000 1472.73% 7 600% $617,857 124.68%
$2,460,000 -43.12% 4 -42.86% $615,000 -0.46%
$1,120,000 -54.47% 3 -25% $373,333 -39.30%
$4,306,500 284.51% 7 133.33% $615,214 64.79%
$4,607,500 6.99% 8 14.29% $575,938 -6.38%
$2,564,500 -44.34% 5 -37.50% $512,900 -10.95%
$3,898,000 134.40% 8 60% $487,250 46.50%
$6,746,000 73.06% 8 0% $843,250 73.06%
$5,101,500 -24.38% 10 25% $510,150 -39.50%
$8,469,500 66.02% 11 10% $769,955 50.93%
$4,264,150 -49.65% 7 -36.36% $609,164 -20.88%
$3,908,500 -8.34% 12 71.43% $325,708 -46.53%
$3,655,500 51.49% 9 28.57% $406,167 17.83%
$1,690,999 -53.74% 8 -11.11% $211,375 -47.96%
$7,419,000 338.73% 14 75% $529,929 150.71%
$2,176,500 -70.66% 7 -50% $310,929 -41.33%
$4,097,600 88.27% 14 100% $292,686 -5.87%
$2,565,000 -37.40% 8 -42.86% $320,625 9.55%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 16
SOUTH COUNTY RESIDENTIAL SALES January-June Sandisfield $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Sheffield $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Stockbridge $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg West Stockbridge $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
2012
2013
2014
2015
$808,500 -10.51% 3 -25% $269,500 19.31%
$1,394,400 72.47% 4 33.33% $348,600 29.35%
$652,400 -53.21% 4 0% $163,100 -53.21%
$860,000 31.82% 5 25% $172,000 5.46%
$4,307,000 400.81% 5 0% $861,400 400.81%
$2,253,200 -47.69% 7 40% $321,886 -62.63%
$3,796,000 240.75% 17 240% $223,294 0.22%
$4,588,000 20.86% 11 -35.29% $417,091 86.79%
$2,188,000 -52.31% 8 -27.27% $273,500 -34.43%
$3,283,500 50.07% 11 37.50% $298,500 9.14%
$6,013,000 83.13% 17 54.55% $353,706 18.49%
$5,020,000 -16.51% 11 -35.29% $456,364 29.02%
$4,723,000 29.86% 11 22.22% $429,364 6.25%
$3,055,500 -35.31% 7 -36.36% $436,500 1.66%
$6,313,800 106.64% 15 114.29% $420,920 -3.57%
$11,680,200 84.99% 27 80% $432,600 2.77%
$10,307,000 -11.76% 18 -33.33% $572,611 32.37%
$6,824,500 -33.79% 14 -22.22% $487,464 -14.87%
$2,450,000 221.52% 7 75% $350,000 83.73% $56,514,600 71.90% 155 49.04% $364,610 15.34%
$3,463,400 41.36% 8 14.29% $432,925 23.69% $53,664,199 -5.04% 133 -14.19% $403,490 10.66%
$2,265,500 -34.59% 6 -25% $377,583 -12.78% $49,954,650 -6.91% 143 7.52% $349,333 -13.42%
$2,165,500 -4.41% 7 16.67% $309,357 -18.07% $63,737,800 27.59% 168 17.48% $379,392 8.60%
$3,169,500 46.36% 6 -14.29% $528,250 70.76% $77,439,250 21.50% 174 3.57% $445,053 17.31%
$2,052,000 -35.26% 5 -16.67% $410,400 -22.31% $66,243,719 -14.46% 159 -8.62% $416,627 -6.39%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 17
Report generated by Sandra J. Carroll, Chief Executive Officer, Berkshire County Board of REALTORS, Inc. 99 West Street, Pittsfield, MA 01201 | (413) 442-8049 Fax (413) 448-2852 Data derived from the Berkshire County Multiple Listing Service, Inc. Believed to be accurate by not warranted.
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 18
TOTAL # SALES 700 500
533 411
553
613
601
633
2013
2014
2015
472
300 2009
2010
2011
2012
Over 40% of our sales rates are pending for the 3rd quarter. There were 480 residential homes sold in the first 6 months of 2015 and there are another 209 pending sales at the end of June. This represents approx.. 15% of our active inventory. This is a very strong indicator for a robust 3rd quarter.
Jan-June 2010 2011 2012 2013 2014 2015 Commercial $ Sold $1,742,500 $6,582,500 $4,377,743 $6,442,000 $4,166,688 $5,105,900 # Sales 7 13 16 14 9 17 Condominium $ Sold $8,810,331 $6,142,000 $7,497,975 $9,101,800 $8,643,300 $10,272,450 # Sales 36 20 33 33 33 45 Lots/Land $ Sold $5,177,950 $4,711,500 $2,729,900 $8,643,000 $3,674,800 $4,353,975 # Sales 35 37 29 48 46 43 MultiFamily $ Sold $6,169,500 $4,253,229 $4,853,600 $6,506,550 $6,395,350 $6,065,100 # Sales 52 38 52 52 53 48 Residential $ Sold $104,836,413 $99,518,466 $100,841,347 $116,047,211 $133,366,024 $123,814,329 # Sales 403 364 423 466 460 480 Total $ Sold $126,736,694 $121,207,695 $120,300,565 $146,740,561 $156,246,162 $149,611,754 Total # Sales 533 472 553 613 601 633
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 1
RESIDENTIAL PRICE RANGE REPORT Below is the average number of months it will take to exhaust our current inventory of homes on the market based on 2015 sales rates so far this year (absorption). Pending sales are robust.
Pending
Months of Absorption
11
11
33
39
7
7
7
19
4
16
$100K -$149K
33
55
12
10
75
54
27
4
12
33
6
17
$150K -$199K
13
33
8
15
57
70
17
7
19
62
5
20
$200K -$249K
7
21
4
18
29
43
23
9
20
74
9
22
$250K -$299K
2
17
1
51
15
44
14
18
18
77
8
26
$300K -$349K
4
8
0
12
7
36
4
31
17
66
7
23
$350K -$399K
4
16
2
24
7
24
4
21
16
64
8
24
$400K -$449K
1
5
0
30
2
19
3
57
12
42
2
21
$450K -$499K
0
9
1
**
1
13
1
78
6
55
2
55
$500K -$749K
2
23
2
69
7
36
2
31
14
123
12
53
$750K -$999K
2
7
1
21
0
18
0
**
6
77
1
77
$1M -$1.99M
0
8
0
**
0
9
0
**
10
61
0
37
$2,M -$2.99M
0
1
0
**
0
2
0
**
1
17
0
102
$3M -$4.99M
0
1
0
**
0
1
0
**
1
11
1
66
$5M +
0
0
0
**
0
1
0
**
0
2
0
**
Total
88
240
42
16
233
408
102
11
159
783
65
30
Active
36
Sold YTD
Months of Absorption
Active
20
Pending
Sold YTD
$0-$99K
Price Class
Months of Absorption
South
Pending
Central
Active
North
Sold YTD
Jan-June 2015
** Not enough sales to calculate Absorption Rate
North
Central
South
2nd Qtr
Sold $
Active $
Pending $
Sold $
Active $
Pending $
Sold $
Active $
Pending $
Avg
$181,248
$326,292
$191,369
$178,630
$355,436
$216,280
$416,627
$614,486
$391,745
Median
$135,000
$189,900
$154,900
$152,500
$249,900
$124,900
$314,500
$399,900
$98,000
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 2
RESIDENTIAL REPORT Overall residential sales fell by 7% in the first 6 months of 2015 compared to the sales rates of 2014. Sales were significantly stronger than the previous 5 years, as shown below. Northern Berkshire led the pack with increases of 11%, central Berkshire held their own with nearly the same sales rates and southern Berkshire sales slowed by 14% January-June North Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Central Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg South Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
2012
2013
2014
2015
$14,784,250 18.33% 74 19.35% $199,787 -0.86%
$11,897,850 -19.52% 66 -10.81% $180,270 -9.77%
$15,604,722 31.16% 86 30.30% $181,450 0.65%
$14,171,547 -9.18% 84 -2.33% $168,709 -7.02%
$14,306,274 0.95% 79 -5.95% $181,092 7.34%
$15,949,799 11.49% 88 11.39% $181,248 0.09%
$33,537,563 26.32% 174 16% $192,745 8.90%
$33,956,417 1.25% 165 -5.17% $205,796 6.77%
$35,281,975 3.90% 194 17.58% $181,866 -11.63%
$38,137,864 8.09% 214 10.31% $178,214 -2.01%
$41,620,500 9.13% 207 -3.27% $201,065 12.82%
$41,620,811 0% 233 12.56% $178,630 -11.16%
$56,514,600 71.90% 155 49.04% $364,610 15.34% $104,836,41 3 45.77% 403 27.53% $260,140 14.30%
$53,664,199 -5.04% 133 -14.19% $403,490 10.66% $99,518,46 6 -5.07% 364 -9.68% $273,402 5.10%
$49,954,650 -6.91% 143 7.52% $349,333 -13.42% $100,841,34 7 1.33% 423 16.21% $238,396 -12.80%
$63,737,800 27.59% 168 17.48% $379,392 8.60% $116,047,21 1 15.08% 466 10.17% $249,028 4.46%
$77,439,250 21.50% 174 3.57% $445,053 17.31% $133,366,02 4 14.92% 460 -1.29% $289,926 16.42%
$66,243,719 -14.46% 159 -8.62% $416,627 -6.39% $123,814,32 9 -7.16% 480 4.35% $257,947 -11.03%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 3
CONDO REPORT After several slow years of condominium sales, it is a welcome change with sale increases in all parts of the county. Overall, sales rose 19% with an increase of 36% in the number of units sold. This is the highest year on record, to-date, for condo sales since 2007. January-June North Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Central Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg South Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
2012
2013
2014
2015
$795,000 -27.79% 4 -20% $198,750 -9.74%
$264,000 -66.79% 2 -50% $132,000 -33.58%
$931,500 252.84% 6 200% $155,250 17.61%
$916,000 -1.66% 5 -16.67% $183,200 18%
$414,000 -54.80% 2 -60% $207,000 12.99%
$1,041,400 151.55% 5 150% $208,280 0.62%
$3,405,331 291.64% 18 260% $189,185 8.79%
$1,126,000 -66.93% 5 -72.22% $225,200 19.04%
$1,879,850 66.95% 11 120% $170,895 -24.11%
$4,373,400 132.65% 15 36.36% $291,560 70.61%
$2,785,100 -36.32% 12 -20% $232,092 -20.40%
$3,604,400 29.42% 19 58.33% $189,705 -18.26%
$4,610,000 70.11% 14 55.56% $329,286 9.36% $8,810,331 88.23% 36 89.47% $244,731 -0.65%
$4,752,000 3.08% 13 -7.14% $365,538 11.01% $6,142,000 -30.29% 20 -44.44% $307,100 25.48%
$4,686,625 -1.38% 16 23.08% $292,914 -19.87% $7,497,975 22.08% 33 65% $227,211 -26.01%
$3,812,400 -18.65% 13 -18.75% $293,262 0.12% $9,101,800 21.39% 33 0% $275,812 21.39%
$5,444,200 42.80% 19 46.15% $286,537 -2.29% $8,643,300 -5.04% 33 0% $261,918 -5.04%
$5,626,650 3.35% 21 10.53% $267,936 -6.49% $10,272,450 18.85% 45 36.36% $228,277 -12.84%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 4
MULTIFAMILY REPORT The ebbs and flows of the multifamily market show a modest decrease in both the dollar volume and number transacted. That said, multifamily sales in southern Berkshire was a bright spot for this market, with double digit increases in dollar volume and units transacted. Central also reported robust sales. January-June North Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Central Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg South Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
2012
2013
2014
2015
$2,982,100 97.70% 27 80% $110,448 9.83%
$759,500 -74.53% 8 -70.37% $94,938 -14.04%
$1,000,300 31.71% 14 75% $71,450 -24.74%
$2,902,000 190.11% 25 78.57% $116,080 62.46%
$3,106,850 7.06% 27 8% $115,069 -0.87%
$1,732,900 -44.22% 18 -33.33% $96,272 -16.33%
$1,578,900 -51.83% 16 -42.86% $98,681 -15.71%
$2,259,729 43.12% 24 50% $94,155 -4.59%
$3,337,800 47.71% 34 41.67% $98,171 4.26%
$2,968,050 -11.08% 23 -32.35% $129,046 31.45%
$2,636,000 -11.19% 22 -4.35% $119,818 -7.15%
$3,137,200 19.01% 25 13.64% $125,488 4.73%
$1,608,500 120.95% 9 200% $178,722 -26.35% $6,169,500 11.88% 52 13.04% $118,644 -1.03%
$1,234,000 -23.28% 6 -33.33% $205,667 15.08% $4,253,229 -31.06% 38 -26.92% $111,927 -5.66%
$515,500 -58.23% 4 -33.33% $128,875 -37.34% $4,853,600 14.12% 52 36.84% $93,338 -16.61%
$636,500 23.47% 4 0% $159,125 23.47% $6,506,550 34.06% 52 0% $125,126 34.06%
$652,500 2.51% 4 0% $163,125 2.51% $6,395,350 -1.71% 53 1.92% $120,667 -3.56%
$1,195,000 83.14% 5 25% $239,000 46.51% $6,065,100 -5.16% 48 -9.43% $126,356 4.71%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 5
LAND REPORT All regions report increasing sales from the first half of last year. It is a healthy year compared to the 5 year window previously, taking into consideration that there were three very large sales of land in Southern Berkshire in 2013, one over $1.8 million and another for $850,000.
January-June North Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Central Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg South Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
2012
2013
2014
2015
$442,400 21.87% 6 50% $73,733 -18.75%
$340,000 -23.15% 2 -66.67% $170,000 130.56%
$555,500 63.38% 9 350% $61,722 -63.69%
$687,000 23.67% 8 -11.11% $85,875 39.13%
$414,900 -39.61% 8 0% $51,863 -39.61%
$778,400 87.61% 13 62.50% $59,877 15.45%
$591,750 18.71% 9 125% $65,750 -47.24%
$365,000 -38.32% 4 -55.56% $91,250 38.78%
$572,400 56.82% 10 150% $57,240 -37.27%
$1,874,000 227.39% 11 10% $170,364 197.63%
$854,500 -54.40% 10 -9.09% $85,450 -49.84%
$913,000 6.85% 13 30% $70,231 -17.81%
$4,143,800 32.03% 20 66.67% $207,190 -20.78% $5,177,950 29.45% 35 75% $147,941 -26.03%
$4,006,500 -3.31% 31 55% $129,242 -37.62% $4,711,500 -9.01% 37 5.71% $127,338 -13.93%
$1,602,000 -60.01% 10 -67.74% $160,200 23.95% $2,729,900 -42.06% 29 -21.62% $94,134 -26.08%
$6,082,000 279.65% 29 190% $209,724 30.91% $8,643,000 216.61% 48 65.52% $180,063 91.28%
$2,405,400 -60.45% 28 -3.45% $85,907 -59.04% $3,674,800 -57.48% 46 -4.17% $79,887 -55.63%
$2,662,575 10.69% 17 -39.29% $156,622 82.32% $4,353,975 18.48% 43 -6.52% $101,255 26.75%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 6
COMMERCIAL REPORT Commercial transactions are not required to be reported to the Berkshire County Multiple Listing Service, but many are put on the open market in this manner. Of those for sale, we have reported strong increases from last year so far in 2015. January-June North Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Central Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg South Berkshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
2012
2013
2014
2015
$322,500 -40% 2 0% $161,250 -40%
$1,510,000 368.22% 2 0% $755,000 368.22%
$602,500 -60.10% 4 100% $150,625 -80.05%
$354,000 -41.24% 3 -25% $118,000 -21.66%
$1,275,000 260.17% 2 -33.33% $637,500 440.25%
$1,207,900 -5.26% 6 200% $201,317 -68.42%
$520,000 -49.75% 2 -50% $260,000 0.49%
$672,500 29.33% 4 100% $168,125 -35.34%
$872,843 29.79% 4 0% $218,211 29.79%
$946,000 8.38% 4 0% $236,500 8.38%
$170,000 -82.03% 1 -75% $170,000 -28.12%
$972,500 472.06% 5 400% $194,500 14.41%
$900,000 -28.14% 3 -25% $300,000 -4.19% $1,742,500 -38.32% 7 -30% $248,929 -11.88%
$4,400,000 388.89% 7 133.33% $628,571 109.52% $6,582,500 277.76% 13 85.71% $506,346 103.41%
$2,902,400 -34.04% 8 14.29% $362,800 -42.28% $4,377,743 -33.49% 16 23.08% $273,609 -45.96%
$5,142,000 77.16% 7 -12.50% $734,571 102.47% $6,442,000 47.15% 14 -12.50% $460,143 68.18%
$2,721,688 -47.07% 6 -14.29% $453,615 -38.25% $4,166,688 -35.32% 9 -35.71% $462,965 0.61%
$2,925,500 7.49% 6 0% $487,583 7.49% $5,105,900 22.54% 17 88.89% $300,347 -35.13%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 7
NORTH BERKSHIRE AT-A-GLANCE JANUARY – JUNE 2015 Unlike the rest of the county, Northern Berkshire had a robust start to the year, and continued a healthy pace into the second quarter. Sales overall rose 6% from the same period last year and the number of transactions rose 10%. Most markets were strong with sluggish multifamily sales year to date, down 44% from last year. Residential sales were up on average 12%, condo showed a huge improvement and land sales robust as well.
130 sales, ↑ 10%
80%
$20.7M
List-to-Sell Ratio
sales, 6%
Residential Sales Volume $16 M up 12% Residential # Units Sold 88, up 11%
206
$135,000
16
median sale price
months’ supply
$189,900 ↑ median list price
Multi-family Sales Volume: $1.7M, down 44% Multi-family # Units Sold: 18 down 33%
3.98 % ↓ from 4.16%
Condo Sales Volume: $1 M, up 151% Condo # Units Sold: 5, up 150% (from 2 to 5), Land Sales Volume: $778K, up 9% Land # Units Sold: 13, up 63%
Avg 30 Yr MtgRate
240 Homes for Sale
Commercial Sales Volume: $1.2M, down 5% Commercial # Units Sold: 6, up 200%
Continuing the market trends, Adams and Williamstown have healthy increases in sales, but North Adams volume fell by approximately 12%, while transacting one more sale than the same time last year. List prices in North Adams continue to retract, while Adams continues to increase.
$100 K$150 K Hottest Prices Range: For listings and sales
42 sales pending
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 8
NORTH COUNTY RESIDENTIAL SALES January-June Adams $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Clarksburg $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Florida $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg North Adams $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg
2010
2011
2012
2013
2014
2015
$2,521,350 6.22% 21 16.67% $120,064 -8.95%
$3,659,700 45.15% 22 4.76% $166,350 38.55%
$3,255,400 -11.05% 24 9.09% $135,642 -18.46%
$2,838,830 -12.80% 24 0% $118,285 -12.80%
$3,376,849 18.95% 28 16.67% $120,602 1.96%
$3,395,000 0.54% 24 -14.29% $141,458 17.29%
$315,750 -40.42% 3 0% $105,250 -40.42%
$455,000 44.10% 2 -33.33% $227,500 116.15%
$513,500 12.86% 5 150% $102,700 -54.86%
$496,000 -3.41% 4 -20% $124,000 20.74%
$592,400 19.44% 5 25% $118,480 -4.45%
$421,500 -28.85% 3 -40% $140,500 18.59%
$74,500 12.88% 1 0% $74,500 12.88%
$188,700 153.29% 1 0% $188,700 153.29%
$523,000 177.16% 3 200% $174,333 -7.61%
$228,000 -56.41% 2 -33.33% $114,000 -34.61%
$200,000 -12.28% 1 -50% $200,000 75.44%
$179,500 -10.25% 2 100% $89,750 -55.13%
$3,470,650 22.83% 26 36.84% $133,487 -10.24%
$3,180,800 -8.35% 26 0% $122,338 -8.35%
$3,458,412 8.73% 30 15.38% $115,280 -5.77%
$3,660,400 5.84% 30 0% $122,013 5.84%
$3,883,200 6.09% 30 0% $129,440 6.09%
$3,407,700 -12.25% 31 3.33% $109,926 -15.08%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 9
NORTH COUNTY RESIDENTIAL SALES January-June Savoy $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Williamstown $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
$100,000 -44.13% 1 -50% $100,000 11.73% $8,302,000 28.40% 22 22.22% $377,364 5.06% $14,784,250 18.33% 74 19.35% $199,787 -0.86%
2012
2013 $85,000 1 $85,000
$4,413,650 -46.84% 15 -31.82% $294,243 -22.03% $11,897,850 -19.52% 66 -10.81% $180,270 -9.77%
$7,769,410 76.03% 23 53.33% $337,800 14.80% $15,604,722 31.16% 86 30.30% $181,450 0.65%
2014
$331,900 290.47% 2 100% $165,950 95.24% $6,616,417 -14.84% 22 -4.35% $300,746 -10.97% $14,171,547 -9.18% 84 -2.33% $168,709 -7.02%
2015 $789,000 5 $157,800
$6,253,825 -5.48% 15 -31.82% $416,922 38.63% $14,306,274 0.95% 79 -5.95% $181,092 7.34%
$7,576,600 21.15% 22 46.67% $344,391 -17.40% $15,949,799 11.49% 88 11.39% $181,248 0.09%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 10
CENTRAL BERKSHIRE AT-A-GLANCE JANUARY – JUNE 2015 Central Berkshire continues a strong real estate market in most all property types, with gains across the board from the same time last year. With 102 sales pending at the end of June 2015, continuing market improvements are expected through the third quarter.
295 sales ↑ 17%
158
$50.2M
91%
sales ↑ 4.5%
List-toSell Ratio
Residential Sales Volume $42 M, same as ‘14 Residential # Units Sold 233, Up 12%
$152,500
11
median sale price
months’ supply
$249,900 median list price
Multi-family Sales Volume: $3.2M, up 19% Multi-family # Units Sold: 25, up 14%
3.98 % Condo Sales Volume: $3.6M, up 29% Condo # Units Sold: 19, Up 58%
↓ from 4.16% Avg 30 Yr MtgRate
$150-199 K
Land Sales Volume: $913K, up 7% Land # Units Sold: 13, up 30%
Commercial Sales Volume: $973K, up 472% Commercial # Units Sold: 6, up 400%
408 Homes for Sale
Pittsfield and Cheshire reported strong sales for the first half of 2015 compared to 2014. Dalton and Hinsdale sales decreased. While Lanesboro is down over the previous year, they still reported the strongest sales year in the preceding 10 years.
Hottest Price Range: For listings
$100-149K For sales
102 sales pending
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 11
CENTRAL COUNTY RESIDENTIAL SALES January-June Cheshire $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Dalton $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Hancock $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Hinsdale $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Lanesboro $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg
2010
2011
2012
2013
2014
2015
$1,599,500 39.40% 7 0% $228,500 39.40%
$877,000 -45.17% 4 -42.86% $219,250 -4.05%
$513,750 -41.42% 3 -25% $171,250 -21.89%
$1,401,400 172.78% 10 233.33% $140,140 -18.17%
$1,155,500 -17.55% 6 -40% $192,583 37.42%
$1,186,400 2.67% 9 50% $131,822 -31.55%
$6,415,133 34.01% 27 12.50% $237,598 19.12%
$5,505,400 -14.18% 28 3.70% $196,621 -17.25%
$6,803,000 23.57% 32 14.29% $212,594 8.12%
$3,844,850 -43.48% 21 -34.38% $183,088 -13.88%
$6,032,705 56.90% 29 38.10% $208,024 13.62%
$3,606,092 -40.22% 24 -17.24% $150,254 -27.77%
$584,750 20.20% 3 50% $194,917 -19.87%
$434,900 -25.63% 2 -33.33% $217,450 11.56%
$294,000 -32.40% 2 0% $147,000 -32.40%
$765,000 160.20% 1 -50% $765,000 420.41%
$815,000 6.54% 2 100% $407,500 -46.73%
$454,000 -44.29% 2 0% $227,000 -44.29%
$1,156,500 39.25% 6 20% $192,750 16.04%
$1,418,550 22.66% 5 -16.67% $283,710 47.19%
$556,900 -60.74% 3 -40% $185,633 -34.57%
$1,297,500 132.99% 6 100% $216,250 16.49%
$1,109,000 -14.53% 5 -16.67% $221,800 2.57%
$623,800 -43.75% 4 -20% $155,950 -29.69%
$2,102,000 106.61% 10 66.67% $210,200 23.96%
$1,931,650 -8.10% 10 0% $193,165 -8.10%
$1,802,400 -6.69% 10 0% $180,240 -6.69%
$2,445,600 35.69% 13 30% $188,123 4.37%
$3,366,400 37.65% 16 23.08% $210,400 11.84%
$3,016,700 -10.39% 14 -12.50% $215,479 2.41%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 12
CENTRAL COUNTY RESIDENTIAL SALES January-June Peru $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Pittsfield $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Richmond $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Washington $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
2012
2013
2014
2015
$310,000 21.09% 2 0% $155,000 21.09%
$157,000 -49.35% 2 0% $78,500 -49.35%
$464,500 195.86% 4 100% $116,125 47.93%
$356,500 -23.25% 3 -25% $118,833 2.33%
$580,500 62.83% 3 0% $193,500 62.83%
$325,500 -43.93% 2 -33.33% $162,750 -15.89%
$19,037,680 19.61% 110 13.40% $173,070 5.48%
$21,224,417 11.49% 106 -3.64% $200,230 15.69%
$21,259,525 0.17% 131 23.58% $162,286 -18.95%
$24,039,114 13.07% 150 14.50% $160,261 -1.25%
$23,656,695 -1.59% 135 -10% $175,235 9.34%
$27,842,319 17.69% 165 22.22% $168,741 -3.71%
$1,060,000 -32.03% 4 -20% $265,000 -15.04%
$1,115,000 5.19% 3 -25% $371,667 40.25%
$2,818,000 152.74% 6 100% $469,667 26.37%
$3,495,000 24.02% 8 33.33% $436,875 -6.98%
$4,025,200 15.17% 7 -12.50% $575,029 31.62%
$3,456,000 -14.14% 9 28.57% $384,000 -33.22%
$857,000
$480,000 -43.99% 1 -75% $480,000 124.04% $33,956,417 1.25% 165 -5.17% $205,796 6.77%
$350,000 -27.08% 1 0% $350,000 -27.08% $35,281,975 3.90% 194 17.58% $181,866 -11.63%
$250,000 -28.57% 1 0% $250,000 -28.57% $38,137,864 8.09% 214 10.31% $178,214 -2.01%
$155,000 -38% 1 0% $155,000 -38% $41,620,500 9.13% 207 -3.27% $201,065 12.82%
$820,000 429.03% 3 200% $273,333 76.34% $41,620,811 0% 233 12.56% $178,630 -11.16%
4 $214,250 $33,537,563 26.32% 174 16% $192,745 8.90%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 13
SOUTH BERKSHIRE AT-A-GLANCE JANUARY – JUNE 2015 With residential sales down 15% from the same time last period, the market is still brisk, having regained a 54% decrease in the first quarter of the year. All other markets, including condo, multifamily, land and commercial were overall strong. With 65 sales pending the market for the third quarter, there is hope for continued improvement.
208 sales ↓ 10%
89%
$78.7M
List-to-Sell Ratio
sales ↓ 11%
$314,500 median sale price
3 Residential Sales Volume $66 M, down 15% Residential # Units Sold 159, down 9% Multi-family Sales Volume: $1.2M, up 83% Multi-family # Units Sold: 5, up 25% Condo Sales Volume: $6M, up 3.4% Condo # Units Sold: 21, up 11% Land Sales Volume: $2.7M, up 11% Land # Units Sold: 17, down 39%
249
months’ supply
$399,900 median list price
3.98 % ↓ from 4.16% Avg 30 Yr MtgRate
783 Homes for Sale
Commercial Sales Volume: $2.96M, up 8% Commercial # Units Sold: 6 same as previous
The residential market was strong in Great Barrington and Alford, where sales rates topped those recorded in the first half of 2015. Lenox residential sales were about even and the remaining larger towns of Stockbridge, and Lee and hilltowns reported decreases from the previous year.
$500-749 K Hottest Price Range: For listings
$200-249K For sales
65 sales pending
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 14
SOUTH COUNTY RESIDENTIAL SALES January-June Alford $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Becket $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Egremont $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Great Barrington $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg
2010
2011
2012
$421,000 1 $421,000
2013
2014
2015
$350,000 -16.86% 1 0% $350,000 -16.86%
$4,322,500 1135% 5 400% $864,500 147%
$6,330,800 46.46% 5 0% $1,266,160 46.46%
$7,657,500 20.96% 5 0% $1,531,500 20.96%
$2,230,700 -41.84% 11 -26.67% $202,791 -20.69%
$2,259,800 1.30% 13 18.18% $173,831 -14.28%
$2,001,950 -11.41% 15 15.38% $133,463 -23.22%
$2,419,950 20.88% 16 6.67% $151,247 13.32%
$4,230,800 74.83% 17 6.25% $248,871 64.55%
$3,464,100 -18.12% 16 -5.88% $216,506 -13%
$3,504,000 29.90% 9 80% $389,333 -27.83%
$3,713,000 5.96% 9 0% $412,556 5.96%
$1,967,500 -47.01% 7 -22.22% $281,071 -31.87%
$3,002,750 52.62% 9 28.57% $333,639 18.70%
$7,633,000 154.20% 13 44.44% $587,154 75.98%
$6,087,000 -20.25% 11 -15.38% $553,364 -5.75%
$10,785,500 23.85% 24 0% $449,396 23.85%
$13,217,000 22.54% 31 29.17% $426,355 -5.13%
$11,015,600 -16.66% 27 -12.90% $407,985 -4.31%
$12,422,400 12.77% 34 25.93% $365,365 -10.45%
$8,729,000 -29.73% 26 -23.53% $335,731 -8.11%
$12,155,550 39.25% 28 7.69% $434,127 29.31%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 15
SOUTH COUNTY RESIDENTIAL SALES January-June Lee $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Lenox $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Monterey $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg New Marlborough $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Otis $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg
2010
2011
2012
2013
2014
2015
$5,070,400 55.08% 22 46.67% $230,473 5.74%
$2,454,500 -51.59% 10 -54.55% $245,450 6.50%
$3,096,400 26.15% 14 40% $221,171 -9.89%
$4,767,000 53.95% 16 14.29% $297,938 34.71%
$5,123,400 7.48% 20 25% $256,170 -14.02%
$3,014,794 -41.16% 13 -35% $231,907 -9.47%
$10,228,000 248.60% 24 200% $426,167 16.20%
$6,725,600 -34.24% 17 -29.17% $395,624 -7.17%
$5,488,000 -18.40% 16 -5.88% $343,000 -13.30%
$3,436,500 -37.38% 12 -25% $286,375 -16.51%
$8,484,000 146.88% 17 41.67% $499,059 74.27%
$8,014,075 -5.54% 22 29.41% $364,276 -27.01%
$4,325,000 1472.73% 7 600% $617,857 124.68%
$2,460,000 -43.12% 4 -42.86% $615,000 -0.46%
$1,120,000 -54.47% 3 -25% $373,333 -39.30%
$4,306,500 284.51% 7 133.33% $615,214 64.79%
$4,607,500 6.99% 8 14.29% $575,938 -6.38%
$2,564,500 -44.34% 5 -37.50% $512,900 -10.95%
$3,898,000 134.40% 8 60% $487,250 46.50%
$6,746,000 73.06% 8 0% $843,250 73.06%
$5,101,500 -24.38% 10 25% $510,150 -39.50%
$8,469,500 66.02% 11 10% $769,955 50.93%
$4,264,150 -49.65% 7 -36.36% $609,164 -20.88%
$3,908,500 -8.34% 12 71.43% $325,708 -46.53%
$3,655,500 51.49% 9 28.57% $406,167 17.83%
$1,690,999 -53.74% 8 -11.11% $211,375 -47.96%
$7,419,000 338.73% 14 75% $529,929 150.71%
$2,176,500 -70.66% 7 -50% $310,929 -41.33%
$4,097,600 88.27% 14 100% $292,686 -5.87%
$2,565,000 -37.40% 8 -42.86% $320,625 9.55%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 16
SOUTH COUNTY RESIDENTIAL SALES January-June Sandisfield $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Sheffield $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Stockbridge $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg West Stockbridge $ Sold % Chg $ # Sales % Chg # Avg $ % Chg Avg Total $ Sold Total % Chg $ Total # Sales Total % Chg # Total Avg $ Total % Chg Avg
2010
2011
2012
2013
2014
2015
$808,500 -10.51% 3 -25% $269,500 19.31%
$1,394,400 72.47% 4 33.33% $348,600 29.35%
$652,400 -53.21% 4 0% $163,100 -53.21%
$860,000 31.82% 5 25% $172,000 5.46%
$4,307,000 400.81% 5 0% $861,400 400.81%
$2,253,200 -47.69% 7 40% $321,886 -62.63%
$3,796,000 240.75% 17 240% $223,294 0.22%
$4,588,000 20.86% 11 -35.29% $417,091 86.79%
$2,188,000 -52.31% 8 -27.27% $273,500 -34.43%
$3,283,500 50.07% 11 37.50% $298,500 9.14%
$6,013,000 83.13% 17 54.55% $353,706 18.49%
$5,020,000 -16.51% 11 -35.29% $456,364 29.02%
$4,723,000 29.86% 11 22.22% $429,364 6.25%
$3,055,500 -35.31% 7 -36.36% $436,500 1.66%
$6,313,800 106.64% 15 114.29% $420,920 -3.57%
$11,680,200 84.99% 27 80% $432,600 2.77%
$10,307,000 -11.76% 18 -33.33% $572,611 32.37%
$6,824,500 -33.79% 14 -22.22% $487,464 -14.87%
$2,450,000 221.52% 7 75% $350,000 83.73% $56,514,600 71.90% 155 49.04% $364,610 15.34%
$3,463,400 41.36% 8 14.29% $432,925 23.69% $53,664,199 -5.04% 133 -14.19% $403,490 10.66%
$2,265,500 -34.59% 6 -25% $377,583 -12.78% $49,954,650 -6.91% 143 7.52% $349,333 -13.42%
$2,165,500 -4.41% 7 16.67% $309,357 -18.07% $63,737,800 27.59% 168 17.48% $379,392 8.60%
$3,169,500 46.36% 6 -14.29% $528,250 70.76% $77,439,250 21.50% 174 3.57% $445,053 17.31%
$2,052,000 -35.26% 5 -16.67% $410,400 -22.31% $66,243,719 -14.46% 159 -8.62% $416,627 -6.39%
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 Jan-June | Page 17
Report generated by Sandra J. Carroll, Chief Executive Officer, Berkshire County Board of REALTORS, Inc. 99 West Street, Pittsfield, MA 01201 | (413) 442-8049 Fax (413) 448-2852 Data derived from the Berkshire County Multiple Listing Service, Inc. Believed to be accurate by not warranted.
© Berkshire County Board of REALTORS: Believed to be accurate but not warranted | 2015 First Quarter | Page 18
