Homes For Sale in Berlin Market Report
Although a town with limited inventory, we take a look at Berlin today. Berlin has one new home on the market - the green shoots of spring perhaps - and sales have stayed steady.
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A little drop in the HSI - but not enough to say things are changing in Berlin. |
Can’t see the chart? You can find it Here .
It's definitely worth noting that the active listings are very new - with just an average of 60+ days on the market. No selling pressure on these folks, they'll likely wait out the spring.
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It's such a small town, I'm not going to wax on about the drop in prices - really not enough data in the mix to comment from report to report. No bank impacted inventory here - the last foreclosure and short-sales closed in the last reporting period.
Berlin Recent Houses For Sale and Sold Market Statistics - Raw MLS Data
- Berlin‘s “Home Seller Index” (HSI): 134 Last Report: 151
- There are7 homes listed as For Sale.
Yes, Berlin is rural, but not THAT rural.
It's nice!
- There have been 18 houses sold in the last 6 months, and 10 homes sold in the last 3 months in Berlin.
- The Average number of Days on Market was 195 days for just SOLD homes.
- There is an Average Market Time of 68 days of the homes For Sale (currently for sale).
- The amount that was paid in Dollars per Square Foot averaged $154 (vs. $159)
- There was an Average Sold Price of $372,664 for sold homes.
- Berlin, MA, has 0 properties advertised as lender owned or foreclosure (typically foreclosure) .
- Berlin has 0 properties advertised as a short-sale is going to be needed by lender.
*All statistics are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary. (That means you won’t find it anywhere else. Take that, Case-Schilling!).
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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.
Do Good Things Today! Matt Heisler
*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.
