What is the average price per square foot for condo in Pittsfield MA?

Michelle
Home Seller
Pittsfield, MA

Answers (4)
Anne Meczywor
Broker
Lenox, MA

Greg,
I am not sure where you got your information. Our MLS is showing 5 condo sales in the past 6 months and 13 within the past year. There are several units on the market currently. Michelle just needs to go to BerkshireRealtor.com to see what is currently on the market, or contact a Berkshire County MLS member to get information on recent sales. This information is not on outside MLS's.
Anne

Tue Sep 29 2009, 09:44
Anne Meczywor
Broker
Lenox, MA

Hi, Michelle,
Pittsfield has condos in ALL price ranges from the ridiculous to the sublime....an average will give a really skewed view., and will not be helpful in pricing your property or a property that you wish to buy. In pricing any property in Berkshire County, price per square foot is not normally considered by real estate professionals when doing CMA's because other factors are so much more important. We don't have cookie cutter direct comparable properties like other communities may have.

The best way for you to price your condo is to see what other units in your complex have sold for recently. You can even look back a couple of years, but don't plan on getting quite what the "high water mark" got, unless the sale was within the past six months. Then you need to adjust for square footage, number of bedrooms and bathrooms, upgrades or condition, whether or not your unit has a garage or a basement, what your fuel source is, how close you are to the complex's amenities, whether or not your unit is on the ground floor and is a single floor unit, or whether or not your unit is an end unit. Comparing with other complexes gets even trickier as you account for the different locations, amenities, and condo fees. Are there assessments pending? How is the reserve fund?

Your best bet is to ask a Berkshire REALTOR to do a CMA for you, or to hire a licensed, LOCAL appraiser who knows our particular market inside and out.

Good luck with your sale. Our market was not hit nearly as hard as other markets were. By pricing correctly and marketting effectively, you should have success in your sale.

Tue Sep 29 2009, 09:35
Keith Sorem
Agent
Glendale, CA

Michelle
I suggest that you discuss this question with a local Realtor. The price per square foot, although a helpful indicator of value, is certainly very limited. If you are thinking of selling, then you need to discuss with a Realtor how to maximize the value of the property in the eyes of agents and buyers. On average 90% of the time the buyer sees your home with an agent, so if the agents do not see value, they will probably not show it.
Good luck, and Merry Christmas!

Fri Dec 7 2007, 09:18
Greg Kiely
Agent
Brookline, MA
FIRST ANSWER

Michelle,

That's a very difficult question to answer because only one condo has been on the market in the last 6 months in Pittsfield. It was listed for $93.00 a square foot and it did not sell. Check here for more info: http://www.raveis.com/localhousingdata.asp

Fri Dec 7 2007, 08:55

Didn’t find what you were looking for? Ask a question!

Search Advice

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 1 of 1
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback