In 2025, single-family home sales increased from 1,136 to 1,231 transactions, reflecting an 8 percent year-over-year gain. North County experienced a notable rebound, posting double-digit increases after a slow 2024. Meanwhile, Central and South County continued their pattern of moderate, steady growth seen over the past two years.
Central Berkshire led residential activity, driven by strong performance in Pittsfield, Dalton, and Richmond. Countywide, total single-family dollar volume reached $615 million, up from $547 million in 2024. Average sale prices rose modestly by 4 percent, reaching a countywide average of $499,350, with expected variation by town and region.
Condo Report: Sales up 14 percent, Dollar Volume up 19 percent
Condominium sales rose sharply in 2025 following modest gains in 2024. Total sales increased 14 percent, with 162 units sold countywide. All regions recorded growth. Dollar volume rose 19 percent overall, with double-digit gains in every part of the county, signaling strong momentum in this segment.
Despite higher activity, price growth remained restrained. Average condo prices increased less than 5 percent compared to their 2023 peak.
Northern Berkshire saw modest improvement, with sales rising from 51 to 52 units. However, dollar volume jumped from $15.6 million to $20 million. Central Berkshire posted 14 percent increases in both unit and dollar volume. South County, while the smallest condo market, recorded a statistically significant 88 percent increase in sales, rising from 8 to 15 units, along with a 44 percent increase in dollar volume. Average prices remained flat in Central Berkshire and declined in South County.
Multifamily Report: Sales down 9 percent, Dollar Volume up 5 percent
The multifamily market produced mixed results in 2025. Unit sales declined 9 percent overall, largely due to decreases in Northern and Central Berkshire. Despite fewer transactions, total dollar volume increased 5 percent countywide, rising from $51 million in 2024 to $53.6 million in 2025, driven by strong gains in South County.
After surging during the COVID-era market, multifamily sales have returned to pre-pandemic transaction levels, but at higher price points. Average sale prices for 1–5-unit buildings rose 5 percent, reaching a countywide average of $294,725.
Land Report: Sales down 22 percent, Dollar Volume down 23 percent
Land sales declined from 149 parcels in 2024 to 116 in 2025, a 22 percent drop. Dollar volume fell 23 percent, decreasing from $22.4 million to $17 million. After several strong years, the land market began contracting in 2022 and has declined annually since.
South County land sales surged in 2024 but reversed course in 2025, falling 23 percent. Northern and Central Berkshire experienced continued, steady declines. High building costs and restrictive codes remain obstacles to expanding workforce-priced housing. As construction costs fluctuate, monitoring building permits and development opportunities will be critical. Current land sales resemble 2018 levels, well below the 2004 peak of 258 annual transactions.
Commercial Report: Sales up 5 percent, Dollar Volume down 10 percent
The commercial real estate market continues to adjust following pandemic-related disruptions. After gains in 2021, a decline in 2022, and recovery in 2023, 2024 brought double-digit decreases in both sales and dollar volume, largely due to weakness in Northern and Southern Berkshire.
In 2025, commercial sales increased 5 percent, with 46 properties sold compared to 44 in 2024. However, dollar volume fell 10 percent, dropping from $29 million to $26 million. Central Berkshire recorded fewer sales than last year, while overall results reflect continued volatility in the sector.
In Summary
All real estate is local—and in Berkshire County, outcomes are highly regional and town-driven. For deeper context and historical analysis, readers are encouraged to consult the comprehensive MarketWatch report published by the Berkshire County Board of Realtors at https://berkshirerealtors.net/2025marketwatch/
