SALES IN THE BERKSHIRES - 2010 vs. 2009
Just last week the Berkshire Board of Realtors issued a press
release that 2010 residential sales outpaced sales in 2009. Â The total
dollar volume recorded was 18% higher than the previous year. Â The
number of units sold was up 6% to 876 single family homes. This
increase, coupled with a slight increase in median sale price is a
positive sign for our housing market. Â When looking at residential
sales in a month-by-month comparison, they consistently exceeded the
previous year. Â This indicates that the market continued to improve,
even after the $8,000 first-time home-buyer tax benefit expired.
These market improvements were not excessive, so the forecast that our
housing recovery will span several years is probable, and indicates
weâ€™ve clearly turned in the right direction.
Now is a very good time to invest in the Berkshires.
Looking forward to a terrific 2011!
Associate Broker, Massachusetts and New York
Berkshire Property Agents
12 Railroad Street
Great Barrington, Massachusetts 01230