The Berlin Homes For Sale Market Report
Today we're going to take our first look at Berlin. Berlin doesn't have a lot of inventory in a slow market, so it's not the best for looking at for my data centric approach in these reports. But we'll give it a go anyways.
No foreclosures or short-sales in Berlin, and there won't be many, but we'll track as we always do until they resort to their historical averages in Metrowest.
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Berlin has just 12 homes for sale currently. That's not too many!! Clearly, buyers who have targeted Berlin either need to be very dedicated, not so picky, or very lucky. There's whole price ranges that don't have a single house! Sellers don't get great traffic, but the demand at this point is about equal to supply, so we see an HSI of 72. That's a neutral reading, that doesn't favor buyers or sellers. Sellers with attractive properties saw a quick turn around, even in the fall, with an average of just 138 days, which is not too shabby.
Berlin Houses For Sale and Sold Market Statistics - Raw MLS Data
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- There are 12 homes listed as For Sale in Berlin .
- There have been 10 houses sold in the last 6 months, and 6 homes sold in the last 3 months.
- The Average number of Days on Market was 138 days for just SOLD homes.
- There is an Average Market Time of 226 days of the homes For Sale (currently for sale).
- The amount that was paid in Dollars per Square Foot averaged $130
- There was an Average Sold Price of $336,000 for sold homes.
- Berlin has 0 properties advertised as lender owned/foreclosure (typically foreclosure) .
- Berlin has 0 properties advertised as a short-sale is going to be needed by lender .
- Berlin “Home Seller Index” (HSI):72
*All statistics are for Single Family Houses and based on data in MLS.
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About Matt Heisler
Matt Heisler is a real-estate professional and owner of this website. He has been selling homes in MA for buyers and sellers for over 20 years. He is an expert in foreclosure purchases, short-sale purchases, short-sale sales, buy and hold investing, fix and flip investing, and of course traditional residential home sales. He is happy to take questions as they pertain to real estate on Title V, Radon, Termites, Sump Pumps, Roofs, Foundations, Wells, Septic Systems, Cash-Flow, Staging, and a host of other housing issues. As a Vanderbilt University alumnus, he is proud to serve his local community.
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*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.
