The Berkshire County real estate market showed strong momentum through the third quarter of 2025, recording increases in both sales and total dollar volume. Overall, the residential sector led the way with a 10 percent jump in the number of homes sold, while the countywide total dollar volume climbed 14 percent, reflecting continued buyer demand and limited inventory.
At a Glance
- Total Sales: 1,218 properties sold year-to-date, up 3 percent from 2024’s 1,188.
- Total Dollar Volume: $549 million, up 10 percent from $500 million in 2024.
- Average Sale Price: $450,814, an increase from $420,948 last year.
- Pending Sales: Down slightly, with 113 in September 2025 versus 123 last year.
- Inventory: Up modestly, with a 5-month absorption rate—still considered low.
- Average Days on Market: Down overall to 95 days from 103 a year ago.
- Hottest Price Range: $300,000–$500,000 homes continue to see the most activity.
Residential Market Overview
The single-family residential sector remains the engine of Berkshire real estate. By the end of Q3 2025, 861 homes had sold, representing a 10 percent increase over the same period last year (782 sales).
- North Berkshire: Home sales surged 16 percent, with dollar volume up 39 percent—the strongest performance in the county. Towns like Adams, Cheshire, Lanesboro, North Adams, Savoy, and Williamstown all contributed to this growth.
- Middle Berkshire: Sales rose 7 percent, and total dollar volume grew 10 percent, reaching $212 million. Gains were recorded in Becket, Dalton, Pittsfield, and Washington, though Lenox, Peru, and Richmond posted mixed results.
- Southern Berkshire: Sales rose 10 percent with 149 homes sold, and total dollar volume increased 7 percent. Strong performances in Alford, Egremont, Great Barrington, Sandisfield, and West Stockbridge offset declines in Monterey and Sheffield.
While average prices rose 20 percent in the north, they increased only 2 percent in middle Berkshire and dipped slightly (3 percent) in the southern region. Overall, the average residential sale price reached $491,482, up 4 percent from 2024.
Condominium Market
Condo sales are up 16 percent year-to-date, with gains in all areas of the county. Northern Berkshire led with 40 units sold (up from 36 last year), while middle Berkshire rose by 8 percent. Southern Berkshire saw the biggest proportional increase—from 4 to 11 units sold—as tight single-family inventory drove more buyers toward condominium options. The appeal of maintenance-free living continues to attract both locals and second-home buyers, though supply remains limited.
Multifamily Market
The multifamily sector showed a mixed performance across the region. Sales between one and four units declined in the northern and central areas but rose sharply in southern Berkshire. North County, typically a strong multifamily market, slowed as single-family sales gained steam. Central Berkshire transactions dropped about 4 percent, though the dollar volume rose by a similar margin. In South County, activity increased, but multifamily inventory remains very limited overall.
Land Market
Land sales represent the most significant slowdown of 2025. Transactions have fallen sharply across the county, reaching the lowest level since 2019. North Berkshire saw stalled activity, and Central Berkshire experienced a drastic decline in both volume and dollar value. While parcel prices vary too widely for meaningful comparison, one thing is clear: construction costs, regulatory challenges, and infrastructure hurdles continue to stifle new development. As Berkshire County faces ongoing housing shortages, advocates stress the need for legislative incentives that encourage smart growth while preserving the area’s rural charm.
Commercial Market
Commercial sales also declined in both number and dollar volume during the first three quarters of 2025. However, this may reflect reporting limitations within the Berkshire MLS, as not all commercial transactions are listed there. Nationally, Moody’s Analytics notes that the office sector stabilized in Q3 2025 after years of turbulence since the pandemic, signaling a possible turning point despite lingering uncertainty.
Looking Ahead
With demand for residential property still healthy and inventory levels remaining modest, the Berkshire market continues to lean toward sellers—though rising prices and limited supply could temper growth heading into winter. Meanwhile, the land and commercial sectors will be worth watching in 2026 as policymakers and investors respond to ongoing housing and development pressures.
