Berkley, MA

Berkley, Massachusetts is a city located in the Boston metropolitan area. The city has a population of approximately 100,000 and is known for its leafy streets and picturesque neighborhoods. Berkley was first settled in 1630 and was officially incorporated as a town in 1785. The city's economy is based on the medical industry, with many hospitals and research institutes located within its boundaries. Real estate in Berkley is highly sought after due to its close proximity to major cities such as Boston and Cambridge, as well as its abundance of amenities such as schools, shopping, and parks.

The real estate market in Berkley has seen significant growth over the past few years. In 2017, the median sale price for single-family homes was $1 million, an increase of over 20% from 2016. This trend appears to be continuing into 2018; according to Zillow data, the median sale price for single-family homes in Berkley currently stands at $1.2 million. Additionally, condominiums have seen strong demand over the past few years; according to Trulia data, the median sale price for condos in Berkley currently stands at $539 thousand. This high demand likely stems from Berkley's diverse range of housing options – from traditional single-family homes to luxurious condos – as well as its close proximity to major cities such as Boston and Cambridge.

Despite this strong demand, there are still plenty of available properties in Berkley; according to Zillow data, there are currently 1,764 active listings available for purchase in Berkley compared to 1,827 listings available for purchase one year ago. This indicates that there is still plenty of room for buyers who are looking for quality real estate options in this popular cityscape