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Berkshire Market Continues to Defy Broad Headlines

By Sandy CarrollGuest Column
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The good news — residential sales rose countywide 7 percent, dollar volume rose 14 percent. 

If there's one takeaway from our full 2026 Q2 Market Watch Report, it's this: all real estate is local.

National economists can provide context, but they rarely tell the full story of what's happening here in Berkshire County. In fact, this year's numbers reinforce just how important it is to look beyond countywide trends and into individual communities.

After a slower first quarter, the market found its footing. Through the first six months of 2026, residential home sales increased 8 percent while dollar volume climbed an impressive 14 percent, reaching nearly $257 million in closed sales. Median sale prices also continued their steady upward trend, reaching $360,000 countywide.

The strength of the market, however, wasn't evenly distributed.

Middle and South Berkshire led the way with gains in both sales and dollar volume, while North Berkshire experienced a modest decline in residential activity overall. Yet even within those regions, individual towns told very different stories. Some communities experienced significant growth while neighboring towns slowed considerably — another reminder that real estate decisions should always be based on local market knowledge rather than broad assumptions.

 As our inventory levels shift, and in some months our absorption rates look to be heading toward a more balanced market, it is important to look at the price ranges where listings are selling, versus where we have a lot of inventory. The steady pace of the second quarter has created a very hectic market in the field, with agents running non-stop to manage their client demands. With a slightly lower pending sales rate heading into the third quarter but still a frenetic pace in the market, it's hard to project what the third quarter will bring.  It's also important to dig into town trends, as that is definitely an interesting and varied part of the market that this generalized data doesn't easily reveal.

Outside the single-family market, conditions remain mixed. 

Condominium and multifamily sales softened compared to last year, commercial sales remained modest, while land sales showed encouraging improvement after several challenging years. Mobile homes also continued to provide an important affordable housing option and posted solid gains during the first half of the year.

 

Perhaps one of the most encouraging trends is inventory. While still well below historical norms, available housing continues to improve gradually. Berkshire County remains a seller's market, but additional listings are creating more opportunities for buyers than we've seen in recent years.

Nationally, economists expect housing activity to strengthen during the second half of 2026 as inventory grows and mortgage rates stabilize. Whether those forecasts fully materialize remains to be seen, but locally we've already witnessed how quickly market conditions can change from one quarter to the next.

As always, this summary only scratches the surface. Our complete Market Watch includes town-by-town statistics, historical trends, appreciation data, and detailed reports for every major property type. Whether you're buying, selling, investing, or simply keeping an eye on the market, those local details often tell the most important story.

Full PDF Editions: 2026 Q2 Market Watch Report

Sandy Carroll is CEO of the Berkshire County Board of Realtors.
 


Tags: Real Estate,   

If you would like to contribute information on this article, contact us at info@iberkshires.com.

Pittsfield Proposes 2.64 Tax Rate Hike

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — The proposed tax rate for fiscal year 2027 is less than 40 cents per $1,000 valuation for residential properties and would increase the average property tax bill by about $146 per year. 

On Tuesday's City Council meeting agenda is a request from the mayor and Board of Assessors to use a residential factor of .8245 at a shift of 1.75, resulting in a residential tax rate of $17.88 and a commercial, industrial, and personal property tax rate of $37.95.

These matters are typically referred to the Committee of the Whole for deliberation. The proposed rates for residential and commercial are 38 cents and $1.05 more, respectively, from FY26. 

The average residential home, valued at $316,792 in FY27, has increased by about $1,500 from the previous fiscal year, and would pay $5,664.24 in yearly taxes.

This is a 2.64 percent, or $145.88, increase. 

The average commercial property worth $239,600 saw a $100 increase in value from the previous fiscal year, and would pay $9,092.82 in yearly taxes. This is a $255.27, or 2.89 percent, increase from the previous fiscal year. 

The FY27 tax levy of $124,468,317 is a $5.3 million increase from the previous year, or 4.45 percent. There is about  $388,000 in excess levy capacity, $2.3 million in new growth, and the levy limit is $124,856,412. 

According to the Massachusetts Department of Revenue, 11 single-family homes were added to Pittsfield's housing stock this fiscal year, increasing the city's total assessed value by $19,987,600 to $3,592,737,600. 

The city lost five two-family homes in 2027, and that housing type decreased by $3.2 million in assessed value, now worth $384,620,400. 

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