Quarter 3 Berkshire County Real Estate Market Update
Berkshire County Real Estate Market Update β Q3 2025
If you're keeping an eye on real estate in Berkshire County, Massachusetts, the third quarter of 2025 brought encouraging trends across several sectors. Whether you're a homeowner, investor, or potential buyer, understanding how the local market is shifting can help you make informed decisions.
Letβs take a closer look at what happened between January and September 2025 across the regionβespecially in residential, multifamily, and commercial segments.
π Overall Market Snapshot: Sales Up, Prices Climbing
Total Dollar Volume: $549 million β up 10% from Q3 2024
Total Number of Sales: 1,218 β up 3% year-over-year
Average Sales Price: $450,814 β a 7% increase
Residential Sales: Up 10% to 861 single-family homes sold
Pending Sales in September: Down to 113 from 123 last year
Absorption Rate: 5 months β still a seller-leaning market
π‘ Top Price Bracket Activity: Homes between $300,000β$500,000 saw the most buyer activity.
π Residential Real Estate: Strong Gains in the North & South
The residential market remains the engine of real estate activity:
North Berkshire: Sales up 16%, dollar volume up 39%, and average sale price up 20%
Middle Berkshire (including Pittsfield): Sales rose 7%, dollar volume increased by 10%
South Berkshire: Also showed growth with a 10% rise in sales and a 7% gain in dollar volume
π Pittsfield Highlight:
Home sales rose by 12% (264 sales YTD)
Total dollar volume increased by 21%
Average sale price: $347,969, up 8% from last year
ποΈ Condominiums: Inventory Pressure Drives Growth
Condo sales surged 16% countywide, with the South County market seeing a 175% increase in units sold (from 4 to 11). The rise in popularity is attributed to tighter single-family inventory and increased interest in low-maintenance living.
Countywide Dollar Volume: Up 20%
Average Sale Price: $508,857 β a 4% year-over-year rise
π’ Multifamily: Mixed Signals Across Regions
Multifamily home sales dipped 9%, but dollar volume still rose 5%, suggesting higher-value transactions in fewer units. Notably:
North Berkshire: Sales dropped 24%
South Berkshire: Sales increased 60%, but inventory remains limited
Average Multifamily Price: $292,835 β up 15% year-over-year
π² Land Sales: Lowest Since 2019
Land sales in Q3 2025 fell to a six-year low, with only 77 parcels sold countywide β a 34% decrease from last year. While South County saw a slight increase in dollar volume (+1%), North and Middle Berkshire experienced sharp declines in both transactions and value.
π¨ Why It Matters: High building costs and strict codes are holding back development despite available space.
π¬ Commercial Market: Demand Drags
Commercial real estate struggled in Q3:
Sales Count: Down 31%
Dollar Volume: Down a steep 46%
Average Sale Price: Fell by 21% to $524,215
This slowdown contrasts with national reports of a stabilizing office market and likely reflects localized listing preferences and economic sensitivity in the Berkshires.
π Key Takeaways for Buyers & Sellers
For Buyers:
Inventory remains tight, but price growth is modest compared to past surges
Mortgage rates are stabilizing, and the $300Kβ$500K segment offers solid opportunities
For Sellers:
Pittsfield and North County homes are in high demand
Well-priced listings are still moving, especially if marketed effectively
For Investors:
Watch the multifamily sector in Southern Berkshire and the condo market countywide
Be cautious with commercial and raw land unless positioned long-term
π Conclusion: Confidence Returns, Caution Remains
After a bumpy few years, the Berkshire County real estate market in Q3 2025 shows signs of steady recovery. Residential activity is up, prices are holding, and buyers are returning. While challenges persist in land and commercial segments, the overall outlook is positive heading into Q4.
π Want to know how this market affects your town or your home's value? Reach out today for a custom analysis.Berkshire County Real Estate Market Update β Q3 2025
If you're keeping an eye on real estate in Berkshire County, Massachusetts, the third quarter of 2025 brought encouraging trends across several sectors. Whether you're a homeowner, investor, or potential buyer, understanding how the local market is shifting can help you make informed decisions.
Letβs take a closer look at what happened between January and September 2025 across the regionβespecially in residential, multifamily, and commercial segments.
π Overall Market Snapshot: Sales Up, Prices Climbing
Total Dollar Volume: $549 million β up 10% from Q3 2024
Total Number of Sales: 1,218 β up 3% year-over-year
Average Sales Price: $450,814 β a 7% increase
Residential Sales: Up 10% to 861 single-family homes sold
Pending Sales in September: Down to 113 from 123 last year
Absorption Rate: 5 months β still a seller-leaning market
π‘ Top Price Bracket Activity: Homes between $300,000β$500,000 saw the most buyer activity.
π Residential Real Estate: Strong Gains in the North & South
The residential market remains the engine of real estate activity:
North Berkshire: Sales up 16%, dollar volume up 39%, and average sale price up 20%
Middle Berkshire (including Pittsfield): Sales rose 7%, dollar volume increased by 10%
South Berkshire: Also showed growth with a 10% rise in sales and a 7% gain in dollar volume
π Pittsfield Highlight:
Home sales rose by 12% (264 sales YTD)
Total dollar volume increased by 21%
Average sale price: $347,969, up 8% from last year
ποΈ Condominiums: Inventory Pressure Drives Growth
Condo sales surged 16% countywide, with the South County market seeing a 175% increase in units sold (from 4 to 11). The rise in popularity is attributed to tighter single-family inventory and increased interest in low-maintenance living.
Countywide Dollar Volume: Up 20%
Average Sale Price: $508,857 β a 4% year-over-year rise
π’ Multifamily: Mixed Signals Across Regions
Multifamily home sales dipped 9%, but dollar volume still rose 5%, suggesting higher-value transactions in fewer units. Notably:
North Berkshire: Sales dropped 24%
South Berkshire: Sales increased 60%, but inventory remains limited
Average Multifamily Price: $292,835 β up 15% year-over-year
π² Land Sales: Lowest Since 2019
Land sales in Q3 2025 fell to a six-year low, with only 77 parcels sold countywide β a 34% decrease from last year. While South County saw a slight increase in dollar volume (+1%), North and Middle Berkshire experienced sharp declines in both transactions and value.
π¨ Why It Matters: High building costs and strict codes are holding back development despite available space.
π¬ Commercial Market: Demand Drags
Commercial real estate struggled in Q3:
Sales Count: Down 31%
Dollar Volume: Down a steep 46%
Average Sale Price: Fell by 21% to $524,215
This slowdown contrasts with national reports of a stabilizing office market and likely reflects localized listing preferences and economic sensitivity in the Berkshires.
π Key Takeaways for Buyers & Sellers
For Buyers:
Inventory remains tight, but price growth is modest compared to past surges
Mortgage rates are stabilizing, and the $300Kβ$500K segment offers solid opportunities
For Sellers:
Pittsfield and North County homes are in high demand
Well-priced listings are still moving, especially if marketed effectively
For Investors:
Watch the multifamily sector in Southern Berkshire and the condo market countywide
Be cautious with commercial and raw land unless positioned long-term
π Conclusion: Confidence Returns, Caution Remains
After a bumpy few years, the Berkshire County real estate market in Q3 2025 shows signs of steady recovery. Residential activity is up, prices are holding, and buyers are returning. While challenges persist in land and commercial segments, the overall outlook is positive heading into Q4.
π Want to know how this market affects your town or your home's value? Reach out today for a custom analysis.Berkshire County Real Estate Market Update β Q3 2025
If you're keeping an eye on real estate in Berkshire County, Massachusetts, the third quarter of 2025 brought encouraging trends across several sectors. Whether you're a homeowner, investor, or potential buyer, understanding how the local market is shifting can help you make informed decisions.
Letβs take a closer look at what happened between January and September 2025 across the regionβespecially in residential, multifamily, and commercial segments.
π Overall Market Snapshot: Sales Up, Prices Climbing
Total Dollar Volume: $549 million β up 10% from Q3 2024
Total Number of Sales: 1,218 β up 3% year-over-year
Average Sales Price: $450,814 β a 7% increase
Residential Sales: Up 10% to 861 single-family homes sold
Pending Sales in September: Down to 113 from 123 last year
Absorption Rate: 5 months β still a seller-leaning market
π‘ Top Price Bracket Activity: Homes between $300,000β$500,000 saw the most buyer activity.
π Residential Real Estate: Strong Gains in the North & South
The residential market remains the engine of real estate activity:
North Berkshire: Sales up 16%, dollar volume up 39%, and average sale price up 20%
Middle Berkshire (including Pittsfield): Sales rose 7%, dollar volume increased by 10%
South Berkshire: Also showed growth with a 10% rise in sales and a 7% gain in dollar volume
π Pittsfield Highlight:
Home sales rose by 12% (264 sales YTD)
Total dollar volume increased by 21%
Average sale price: $347,969, up 8% from last year
ποΈ Condominiums: Inventory Pressure Drives Growth
Condo sales surged 16% countywide, with the South County market seeing a 175% increase in units sold (from 4 to 11). The rise in popularity is attributed to tighter single-family inventory and increased interest in low-maintenance living.
Countywide Dollar Volume: Up 20%
Average Sale Price: $508,857 β a 4% year-over-year rise
π’ Multifamily: Mixed Signals Across Regions
Multifamily home sales dipped 9%, but dollar volume still rose 5%, suggesting higher-value transactions in fewer units. Notably:
North Berkshire: Sales dropped 24%
South Berkshire: Sales increased 60%, but inventory remains limited
Average Multifamily Price: $292,835 β up 15% year-over-year
π² Land Sales: Lowest Since 2019
Land sales in Q3 2025 fell to a six-year low, with only 77 parcels sold countywide β a 34% decrease from last year. While South County saw a slight increase in dollar volume (+1%), North and Middle Berkshire experienced sharp declines in both transactions and value.
π¨ Why It Matters: High building costs and strict codes are holding back development despite available space.
π¬ Commercial Market: Demand Drags
Commercial real estate struggled in Q3:
Sales Count: Down 31%
Dollar Volume: Down a steep 46%
Average Sale Price: Fell by 21% to $524,215
This slowdown contrasts with national reports of a stabilizing office market and likely reflects localized listing preferences and economic sensitivity in the Berkshires.
π Key Takeaways for Buyers & Sellers
For Buyers:
Inventory remains tight, but price growth is modest compared to past surges
Mortgage rates are stabilizing, and the $300Kβ$500K segment offers solid opportunities
For Sellers:
Pittsfield and North County homes are in high demand
Well-priced listings are still moving, especially if marketed effectively
For Investors:
Watch the multifamily sector in Southern Berkshire and the condo market countywide
Be cautious with commercial and raw land unless positioned long-term
π Conclusion: Confidence Returns, Caution Remains
After a bumpy few years, the Berkshire County real estate market in Q3 2025 shows signs of steady recovery. Residential activity is up, prices are holding, and buyers are returning. While challenges persist in land and commercial segments, the overall outlook is positive heading into Q4.
π Want to know how this market affects your town or your home's value? Reach out today for a custom analysis.
Cory Evangelisto - Nocher Realty
413-358-3056
