Category Archives: Stockbridge

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

 

 

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

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 – 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. 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