Berkshire Real Estate Market Report

Good News for the Berkshire Real Estate Market.  What follows is an up to date Market Report.

 

Sales are up 25% in residential sales.  Breaking it down Southern Berkshires up 24%,

 

Central Berkshire 23%, and 36% in Northern Berkshire.

 

Here is the full report by the Berkshire Country Board of Realtors.

 

 

 

Berkshire County Quarterly Market Watch Report

marketwatch Berkshire Real Estate Market Report

 

 

2012 Full Report

In 2012, Berkshire REALTORS managed a real estate market of over $314 million dollars in sales, up from $262 million transacted last year. Sales rose over 2011 rates in all parts of Berkshire County, with a total increase in residential market of 25%, of which there was a 23% increase in central Berkshires sales, 36% in northern Berkshire and 24% in Southern Berkshire. These signs of strong improvement mirror what we hear our Realtors reporting from the field.  Richmond sales set the record for the largest increase in sales for the county. Lenox, Lee, Lanesboro and Pittsfield showed strong gains this year.  Windsoralso showed strong gains.

Historically, the Berkshire real estate market peaked in 2005, with a gradual decrease in following years. Sales data indicates that 2009 was the bottom of the market, which was our lowest point in sales for the preceding 10+ years and following 3 years. The market turned with bump in sales in 2010, and again shows strength with solid growth in 2012. While our overall market peaked in 2005, the southern Berkshire residential market peaked in 2004, the northern Berkshire residential market peaked in 2005 and the central Berkshire in 2006. All markets saw the same increase in 2010 and 2012.

Despite slow growth from our low in 2009, prices continue to be more affordable and interest rates are at historical lows. The combination of these two things makes it very beneficial for people who are in the market to buy. Interest rates are expected to remain low through 2014 improving unemployment rates, favorable buying conditions, low interest rates, and slow but steadily growing confidence, 2013 has the elements for a positive year. Continue reading Berkshire Real Estate Market Report

The Berkshires:

27295 10151192976432003 811709630 n The Berkshires:  Baby Its Cold OutsideBusy day showing Berkshire Real Estate in this freezing weather.

Glad I was able to get driveways plowed and sanded. The

Mountain views were exquisite

Now thinking about a warm weather vacation.

 

Got A Question"

Ask Marlene:  413 717-0773

marlene@berkshirecountryhomesrealestate.com

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Great Barrington Real Estate – Shopping

20120502  WINE03 Great Barrington Real Estate   Shopping

Joseph Nejaime, seen in his downtown Lenox store, is opening up the fourth Nejaime Wine Cellar 

 

A new addition to  Great Barrington, Ma. is the opening of a Nejamie's Wine & Liquors.

They have been a well established Spirits Store n Stockbridge & Lenox for many years

selling fine wines & cheeses.

Nejamie's is taking over the space currently occupied by Grapefinds in the 

Big Y Shopping Plaza.  Welcome Nejamie!

 

http://bit.ly/KyanjT

 

Got A Question

 

Ask Marlene  (413) 717-0773

 

Email:  marlene@berkshirecountryhomesrealestate.com

 

Facebook.com/berkshirecountryhomes

Berkshire Real Estate – Searles Castle

 

 Berkshire Real Estate   Searles Castle

 

 

Searles Castle in Great Barrington, Ma. is the Second Largest Property currently on the Market.

Not only did Great Barrington win as the Number 1 small town,

but it is also home to the 2nd largest property currently on the American Market.

 

Searles Hopkins Castle.  Measures 54,246 square feet, is a  seven-story mansion,

has 40 rooms, including 14 bedrooms and 15 bathrooms, accented by 36 fireplaces.

 

Rob Baer wrote an interesting article about the 5 largest homes for sale, check out more on Searles plus the other 4 Houses.

http://curbed.com/archives/2012/04/20/the-five-largest-houses-currently-on-the-market-in-america.php

 

Got A Question?

Ask Marlene – (413) 717-0773

marlene@berkshirecountryhomesrealestate.com

facebook.com/berkshirecountryhomes

 

Berkshire Real Estate – Why A Second Home Here?

berkshire fall 4 Berkshire Real Estate   Why A Second Home Here? I routinely work with out of state buyers from NY, CT, NJ and FL. who are interested in purchasing Second Homes here in The Berkshires, Ma.  They want to have a home  in The Berkshires because it is  a four season area.


They like communities that have the cultural, and outdoor activities that Berkshire County offer.  In the spring and summer when they come to town they like the idea of having a lot of lakes to choose from for swimming, boating, fishing plus many trails for hiking, and cycling.


Culturally speaking The Berkshires, Ma. entertainment Berkshire Real Estate   Why A Second Home Here?is known as the summer cultural center for Music, Theatre, Dance with Tanglewood, Barrington Stage, and Jacobs Pillow taking the lead of the many performing companies. Summers spent in The Berkshires taking in the fresh air, and awesome mountain views have been well known for over a century. Continue reading Berkshire Real Estate – Why A Second Home Here?

Great Barrington Ma. Things To do – Fiori Restaurant

fiori party 1 300x225 Great Barrington Ma. Things To do   Fiori RestaurantFiori was buzzing with Great Barrington and Surrounding area Supporters at the Grand Opening Party the other evening.  If the food is as good as the decor Fiori could become another second home owner favorite.

Great cocktails and appetizers were served.  Word has it that the food is delicious.  Authentic Northern Italian.

We were missing a great Italian restaurant in Great Barrington, Ma..  Can't wait to have dinner there – Good Luck to the Feldman Brothers.

 

fiori party 6 300x225 Great Barrington Ma. Things To do   Fiori Restaurantfiori party 2 300x225 Great Barrington Ma. Things To do   Fiori Restaurant

 

 

 

 

 

 

 

 

 

 

 

Got A Question?

Ask Marlene  413 717-0773

Email:  marlene@berkshirecountryhomesrealestate.com

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Great Barrington, Ma. Things To Do – Golf

Golf 300x199 Great Barrington, Ma. Things To Do   GolfGreat Barrington –  Wyantenuck Country Club is a favorite with both second home owners and full time residents. The club will be hosting the Massachusetts Golf Association’s premier amateur event from July 11-15. Wyantenuck  is very proud to be hosting an event of this magnitude. With the MGA’s big events seldom being held west of Worcester, this is a rare opportunity for area golfers to play in a big tournament close to home.

http://www.berkshireeagle.com/sports/ci_17806758

Got A Question?

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Email:marlene@berkshirecountryhomesrealestate.com

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Great Barrington Ma – Reconstruction of Main Street

main street great barrington 150x150 Great Barrington Ma   Reconstruction of Main StreetThe residents of Great Barrington, Ma. have voted 178 to 119 to continue to move forward  with improving a plan that calls for the reconstruction of Main Street in Great Barrington. There has been great opposition to the plan by some residents and business owners who are concerned about the traffic delays the construction will cause, and the fear that shoppers will develop new shopping patterns.

http://www.berkshireeagle.com/ci_17345798

Got A Question?

Ask Marlene (413) 717-0773

Email:  marlene@berkshirecountryhomesrealestate.com

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 Great Barrington Ma   Reconstruction of Main Street

Great Barrington Real Estate – New Condominium

Great Barrington, Ma. I took this photo this morning as the big Snow Storm hit the Berkshires.  It looks like a Winter Wonderland.

The photo is of one of the sold units at Maple Grove/ Great Barrington –  Stylish In-Town Living

This Great Barrington Condominium is in a great location,  tucked away and yet close to shopping, theater, golf, and fine dining.

Two more units are under construction.

100 1737 A 1024x803 Great Barrington Real Estate   New Condominium

Got A Question?

Ask Marlene  (413) 717-0773

Email:  marlene@berkshirecountryhomesrealestate.com

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 Great Barrington Real Estate   New Condominium

Great Barrington – Breakfast Restaurant

100 1724 A 300x231 Great Barrington   Breakfast RestaurantThis is one of  my favorite Great Barrington, Ma. breakfast places.  Not only is the food fresh, the service is friendly and responsive.  Martin’s is a Great Barrington institution for both locals and  Second Home Owners.  Eggs &  Pancakes go great with the  Berkshire Mountain View you see through the large front window that overlooks Railroad Street.  During the height of the summer season be prepared to wait to get a table, it is not uncommon to see people lining up to get into this cozy spot.

Got A Question?

Ask Marlene  (413) 717-0773

email:  marlene@berkshirecountryhomesrealestate.com

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 Great Barrington   Breakfast Restaurant