Market Impressions: A 2023 Launch of Trend Tracking

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We are seeking actively engaged agents and brokers in the Berkshire marketplace to share with us their thoughts on their current market activity and their confidence in the short-term future. This data is incredibly helpful to track coming trends, rather than just market stats in the rear view mirror.

It is very important to note that YOUR ANSWERS ARE CONFIDENTIAL and will not be shared outside of the staff for the sole purpose of compiling results in an aggregate. We are only asking for names to ensure we have balanced representation from different types and locations of active agents and to ensure we have a list that we can send future surveys.

Thank you so much! Reach out with any questions: Sandy@BerkshireRealtors.org 413-442-8049.

Sandy

Email *

Your Real Estate Role: *

Your Current Market Area: (check all that apply)

North Berkshire

Middle Berkshire

South Berkshire

Surrounding States

Other MA Counties

Buyer Activity Index: The number of my BUYER clients actively searching....

... increased this month

... stayed the same this month

... decreased this month

I do not work with BUYERS

Other:

Clear selection

BUYER Impressions or Feedback, if any - or your impression of your buyer's overall ability to find and afford suitable housing to meet their current search criteria?

Seller Activity Index: The number of my SELLER clients actively searching...

... increased this month

... stayed the same this month

... decreased this month

I do not work with SELLERS

Other:

Clear selection

SELLER Impressions or Feedback, if any - or your impression of seller's interest in listing at prices and locations that reflect current demand in market conditions?

Residential, Condo, Multi: I expect list prices to...

...rise in the next 3 months

...fall in the next 3 months

...remain unchanged in the next 3 months

...not sure

Other:

Clear selection

Interest in Land / Building Development: I have...

... zero clients looking for raw land for building

... 1-5 clients looking for raw land for building

... more than 5 clients looking for raw land for building

Other:

Clear selection

Have you encountered any issues with Buyer's seeking to find and build on land in Berkshire County?

Yes

As described in the comments

Clear selection

What is your overall confidence in the market during the next 3 months? I expect...

... improving market activity in the next three months

... level (same) market activity in the next three months

... falling market activity in the next three months

Other:

Clear selection

What is the average number of offers you received on your most recent pending / sold listings?

1 offer presented

2-4 offers presented

5 or more offers presented

Check if escalation clauses were a part of the offer process

Niche Watching: For closed transactions this year, what percentage on average (ballpark) were:

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

First time Homebuyers

Cash Buyers

Investment Buyers

Vacation/Second Home Buyers

No Applicable / No sales YTD

Other impressions on our real estate market?

Send me a copy of my responses.

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