PITTSFIELD Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Pittsfield averaged
5.84%
for the week of 2023-06-01, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2023-05-25) was
5.22% and
one month ago for the week of 2023-04-27, the
average rate was 5.18%.
Pittsfield's average rate one year ago was 4.05%.
For refis of the same type during the week of 2023-06-01, the average rate
was 5.17%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-06-01 | 6.79% |
| Pittsfield 30 Year Fixed Rate | 2023-06-01 | 5.84% |
| Pittsfield 30 Year Fixed Rate Refi | 2023-06-01 | 5.17% |
| Pittsfield 15 Year Fixed Rate | 2023-06-01 | 5.71% |
| Pittsfield 15 Year Fixed Rate Refi | 2023-06-01 | 5% |
| Pittsfield 30 Year FHA | 2023-06-01 | -0.31% |
| Pittsfield 30 Year FHA Refi | 2023-06-01 | 0% |
| Pittsfield 30 Year USDA | 2023-06-01 | 0% |
| Pittsfield 30 Year USDA Refi | 2023-06-01 | -0.1% |
| Pittsfield 30 Year VA | 2023-06-01 | 0% |
| Pittsfield 30 Year VA Refi | 2023-06-01 | -0.1% |
PITTSFIELD Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the PITTSFIELD, MA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
PITTSFIELD Average Closing Costs & Other Stats
PITTSFIELD, MA's 127 lenders originated 3,584
loans during 2022. The total origination value was $862,720,000, with an average loan value of
$240,714.
PITTSFIELD's average closing costs are $4,341.
The top PITTSFIELD lender as defined by loan originations is GREYLOCK, with
373 loans originated. Their average total fees are
$3,125, which is $177
higher than the next largest lender,
Adams Community Bank.
The lowest fee PITTSFIELD lenders (with over 10 loans originated) are
Adams Community Bank ($2,948), GREYLOCK ($3,125), TD Bank ($3,377), MountainOne Bank ($4,589) and Berkshire Bank ($4,763).
The lowest rate PITTSFIELD lenders (with over 10 loans originated) are
GREYLOCK (3.57%), Berkshire Bank (3.78%), TD Bank (3.84%), Adams Community Bank (3.92%) and Wells Fargo Bank (3.99%).
PITTSFIELD, MA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| GREYLOCK | $128,540,000 | $206,485,000 | 60.6% | 23.9% |
| Adams Community Bank | $167,670,000 | $140,075,000 | -16.5% | 16.2% |
| Lee Bank | $82,780,000 | $59,400,000 | -28.2% | 6.9% |
| The Pittsfield Co-operative Bank | $41,115,000 | $38,535,000 | -6.3% | 4.5% |
| ACADEMY MORTGAGE CORPORATION | $60,415,000 | $35,280,000 | -41.6% | 4.1% |
| Berkshire Bank | $40,290,000 | $29,885,000 | -25.8% | 3.5% |
| QUICKEN LOANS, LLC | $64,065,000 | $27,050,000 | -57.8% | 3.1% |
| NBT Bank | $14,390,000 | $23,400,000 | 62.6% | 2.7% |
| Salisbury Bank and Trust Company | $29,745,000 | $18,555,000 | -37.6% | 2.2% |
| Bank of America | $11,470,000 | $16,710,000 | 45.7% | 1.9% |
| MountainOne Bank | $19,680,000 | $15,190,000 | -22.8% | 1.8% |
| Rockland Trust Company | $855,000 | $13,805,000 | 1,514.6% | 1.6% |
| Wells Fargo Bank | $32,930,000 | $13,690,000 | -58.4% | 1.6% |
| Citizens Bank | $15,560,000 | $12,630,000 | -18.8% | 1.5% |
| TD Bank | $15,435,000 | $10,330,000 | -33.1% | 1.2% |
| First Republic Bank | $8,505,000 | $9,725,000 | 14.3% | 1.1% |
| JPMorgan Chase Bank | $22,710,000 | $9,420,000 | -58.5% | 1.1% |
| TOTAL MORTGAGE SERVICES, LLC | $13,945,000 | $7,560,000 | -45.8% | 0.9% |
| LOANDEPOT.COM, LLC | $17,830,000 | $7,215,000 | -59.5% | 0.8% |
| GUARANTEED RATE, INC. | $9,525,000 | $6,615,000 | -30.6% | 0.8% |
| Morgan Stanley Private Bank | $9,435,000 | $5,775,000 | -38.8% | 0.7% |
| Citibank | $12,590,000 | $5,500,000 | -56.3% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $4,095,000 | $5,000,000 | 22.1% | 0.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $8,585,000 | $4,300,000 | -49.9% | 0.5% |
| Mortgage Research Center, LLC | $5,430,000 | $4,090,000 | -24.7% | 0.5% |
| Raymond James Bank | $2,915,000 | $3,885,000 | 33.3% | 0.5% |
| HARBORONE MORTGAGE, LLC | $1,380,000 | $3,835,000 | 177.9% | 0.4% |
| Fieldpoint Private Bank & Trust | $3,540,000 | n/a | 0.4% | |
| Stifel Bank and Trust | $2,105,000 | $3,505,000 | 66.5% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $10,550,000 | $3,250,000 | -69.2% | 0.4% |
| U.S. Bank | $6,385,000 | $3,030,000 | -52.5% | 0.4% |
| Westfield Bank | $2,355,000 | $2,995,000 | 27.2% | 0.3% |
| PENNYMAC LOAN SERVICES, LLC | $7,975,000 | $2,990,000 | -62.5% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $4,140,000 | $2,970,000 | -28.3% | 0.3% |
| TrustCo Bank | $9,935,000 | $2,630,000 | -73.5% | 0.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $5,975,000 | $2,600,000 | -56.5% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $1,090,000 | $2,455,000 | 125.2% | 0.3% |
| Mortgage Network, Inc. | $2,595,000 | $2,405,000 | -7.3% | 0.3% |
| FREEDOM MORTGAGE CORPORATION | $16,545,000 | $2,285,000 | -86.2% | 0.3% |
| BAY EQUITY LLC | $7,475,000 | $2,125,000 | -71.6% | 0.2% |
| Truist | $185,000 | $2,075,000 | 1,021.6% | 0.2% |
| GUARANTEED RATE AFFINITY, LLC | $3,290,000 | $1,970,000 | -40.1% | 0.2% |
| BNY Mellon | $1,965,000 | n/a | 0.2% | |
| Flagstar Bank, FSB | $2,160,000 | $1,940,000 | -10.2% | 0.2% |
| KeyBank | $3,835,000 | $1,930,000 | -49.7% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $1,605,000 | $1,780,000 | 10.9% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $415,000 | $1,740,000 | 319.3% | 0.2% |
| The Federal Savings Bank | $2,310,000 | $1,610,000 | -30.3% | 0.2% |
| Republic State Mortgage Co. | $6,705,000 | $1,575,000 | -76.5% | 0.2% |
| First Merchants Bank | $1,495,000 | n/a | 0.2% | |
| Charles Schwab Bank, SSB | $4,765,000 | $1,465,000 | -69.3% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $5,840,000 | $1,420,000 | -75.7% | 0.2% |
| NEWREZ LLC | $6,875,000 | $1,420,000 | -79.3% | 0.2% |
| BETTER MORTGAGE CORPORATION | $1,365,000 | n/a | 0.2% | |
| GUILD MORTGAGE COMPANY | $1,335,000 | n/a | 0.2% | |
| FINANCE OF AMERICA MORTGAGE LLC | $725,000 | $1,320,000 | 82.1% | 0.2% |
| HOMESTEAD FUNDING CORP. | $2,760,000 | $1,315,000 | -52.4% | 0.2% |
| GuardHill Financial Corp. | $1,310,000 | $1,280,000 | -2.3% | 0.1% |
| Bangor Savings Bank | $265,000 | $1,250,000 | 371.7% | 0.1% |
| Cornerstone Bank | $285,000 | $1,250,000 | 338.6% | 0.1% |
| Watermark Capital, Inc. | $1,290,000 | $1,250,000 | -3.1% | 0.1% |
| Semper Home Loans, Inc. | $1,210,000 | n/a | 0.1% | |
| Silicon Valley Bank | $1,605,000 | $1,210,000 | -24.6% | 0.1% |
| Bank of England | $280,000 | $1,180,000 | 321.4% | 0.1% |
| UBS Bank USA | $2,895,000 | $1,160,000 | -59.9% | 0.1% |
| BROKER SOLUTIONS, INC. | $1,495,000 | $1,145,000 | -23.4% | 0.1% |
| UNION HOME MORTGAGE CORP. | $6,130,000 | $1,130,000 | -81.6% | 0.1% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $235,000 | $1,105,000 | 370.2% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,085,000 | $1,105,000 | -47.0% | 0.1% |
| Easthampton Savings Bank | $545,000 | $1,100,000 | 101.8% | 0.1% |
| Farm Credit East, ACA | $1,030,000 | n/a | 0.1% | |
| REVERSE MORTGAGE FUNDING LLC | $345,000 | $1,025,000 | 197.1% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $1,165,000 | $1,015,000 | -12.9% | 0.1% |
| First Horizon Bank | $975,000 | n/a | 0.1% | |
| M&T Bank | $905,000 | $975,000 | 7.7% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,240,000 | $965,000 | -56.9% | 0.1% |
| WASHINGTON TRUST MORTGAGE COMPANY LLC | $355,000 | $930,000 | 162.0% | 0.1% |
| Ally Bank | $905,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $310,000 | $900,000 | 190.3% | 0.1% |
| City of Boston Credit Union | $105,000 | $875,000 | 733.3% | 0.1% |
| City National Bank | $5,230,000 | $860,000 | -83.6% | 0.1% |
| Leader Bank | $5,550,000 | $825,000 | -85.1% | 0.1% |
| SOFI LENDING CORP. | $4,120,000 | $810,000 | -80.3% | 0.1% |
| Needham Bank | $800,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,710,000 | $785,000 | -54.1% | 0.1% |
| USAA Federal Savings Bank | $2,220,000 | $785,000 | -64.6% | 0.1% |
| PeoplesBank | $6,690,000 | $715,000 | -89.3% | 0.1% |
| HOME POINT FINANCIAL CORPORATION | $5,425,000 | $710,000 | -86.9% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $690,000 | n/a | 0.1% | |
| First Savings Bank | $710,000 | $685,000 | -3.5% | 0.1% |
| NBKC BANK | $1,005,000 | $680,000 | -32.3% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $815,000 | $655,000 | -19.6% | 0.1% |
| Greenfield Savings Bank | $1,360,000 | $640,000 | -52.9% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $550,000 | $610,000 | 10.9% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $2,620,000 | $605,000 | -76.9% | 0.1% |
| UMASSFIVE COLLEGE Federal Credit Union | $600,000 | n/a | 0.1% | |
| DIGITAL Federal Credit Union | $1,070,000 | $595,000 | -44.4% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $260,000 | $565,000 | 117.3% | 0.1% |
| Florence Bank | $545,000 | n/a | 0.1% | |
| MORTGAGE EQUITY PARTNERS LLC | $525,000 | n/a | 0.1% | |
| The Camden National Bank | $415,000 | $520,000 | 25.3% | 0.1% |
| NEW FED MORTGAGE, CORP. | $300,000 | $505,000 | 68.3% | 0.1% |
| VERVE, A CREDIT UNION | $505,000 | n/a | 0.1% | |
| CMG MORTGAGE, INC. | $335,000 | $500,000 | 49.3% | 0.1% |
| Discover Bank | $155,000 | $500,000 | 222.6% | 0.1% |
| PNC Bank | $5,945,000 | $490,000 | -91.8% | 0.1% |
| BNC National Bank | $475,000 | n/a | 0.1% | |
| EMBRACE HOME LOANS, INC. | $1,445,000 | $470,000 | -67.5% | 0.1% |
| GFA Federal Credit Union | $2,070,000 | $450,000 | -78.3% | 0.1% |
| VAN DYK MORTGAGE CORPORATION | $445,000 | n/a | 0.1% | |
| Brookline Bank | $500,000 | $440,000 | -12.0% | 0.1% |
| The Cape Cod Five Cents Savings Bank | $435,000 | n/a | 0.1% | |
| Evolve Bank & Trust | $1,795,000 | $430,000 | -76.0% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $1,295,000 | $415,000 | -68.0% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $700,000 | $410,000 | -41.4% | 0.0% |
| NexBank | $395,000 | n/a | 0.0% | |
| SALEM FIVE MORTGAGE COMPANY, LLC | $1,105,000 | $380,000 | -65.6% | 0.0% |
| Shamrock Home Loans, Inc. | $840,000 | $370,000 | -56.0% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $365,000 | n/a | 0.0% | |
| DREW MORTGAGE ASSOCIATES, INC. | $365,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $360,000 | n/a | 0.0% | |
| Northpointe Bank | $125,000 | $360,000 | 188.0% | 0.0% |
| People's United Bank | $2,605,000 | $360,000 | -86.2% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $510,000 | $355,000 | -30.4% | 0.0% |
| EQUITY RESOURCES, INC. | $355,000 | n/a | 0.0% | |
| Kish Bank | $355,000 | n/a | 0.0% | |
| Kwik Mortgage Corporation | $355,000 | n/a | 0.0% | |
| Webster Bank | $1,555,000 | $355,000 | -77.2% | 0.0% |
| PHH Mortgage Corporation | $570,000 | $350,000 | -38.6% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $610,000 | $335,000 | -45.1% | 0.0% |
| KINECTA | $325,000 | n/a | 0.0% | |
| NORWICH COMMERCIAL GROUP, INC. | $325,000 | n/a | 0.0% | |
| Workers Credit Union | $655,000 | $320,000 | -51.1% | 0.0% |
| Simmons Bank | $315,000 | n/a | 0.0% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $305,000 | n/a | 0.0% | |
| NORTHPOINT MORTGAGE, INC. | $1,125,000 | $305,000 | -72.9% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $560,000 | $305,000 | -45.5% | 0.0% |
| The Cooperative Bank | $305,000 | n/a | 0.0% | |
| ENVOY MORTGAGE, LTD | $1,565,000 | $300,000 | -80.8% | 0.0% |
| Freedom Credit Union | $205,000 | $300,000 | 46.3% | 0.0% |
| HANSCOM | $825,000 | $300,000 | -63.6% | 0.0% |
| NFM, INC. | $225,000 | $295,000 | 31.1% | 0.0% |
| RADIUS FINANCIAL GROUP INC. | $1,115,000 | $295,000 | -73.5% | 0.0% |
| Fidelity Co-operative Bank | $290,000 | n/a | 0.0% | |
| Monson Savings Bank | $50,000 | $290,000 | 480.0% | 0.0% |
| USAlliance Federal Credit Union | $2,330,000 | $275,000 | -88.2% | 0.0% |
| Equity Prime Mortgage LLC | $270,000 | n/a | 0.0% | |
| EMM LOANS LLC | $1,175,000 | $265,000 | -77.4% | 0.0% |
| PREMIA MORTGAGE, LLC | $265,000 | n/a | 0.0% | |
| INLAND BANK & TRUST | $400,000 | $255,000 | -36.3% | 0.0% |
| CALIBER HOME LOANS, INC. | $2,255,000 | $245,000 | -89.1% | 0.0% |
| Eastern Bank | $1,045,000 | $245,000 | -76.6% | 0.0% |
| PARSONS Federal Credit Union | $245,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $235,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $1,400,000 | $235,000 | -83.2% | 0.0% |
| FIRST MORTGAGE COMPANY, INC. | $235,000 | n/a | 0.0% | |
| Figure Lending LLC | $205,000 | $230,000 | 12.2% | 0.0% |
| The People's Credit Union | $225,000 | n/a | 0.0% | |
| Bank-Fund Staff Federal Credit Union | $470,000 | $205,000 | -56.4% | 0.0% |
| CENTRAL ONE FEDERAL CREDIT UNION | $205,000 | n/a | 0.0% | |
| Greenfield Co-operative Bank | $205,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $1,495,000 | $195,000 | -87.0% | 0.0% |
| A&D Mortgage LLC | $185,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $185,000 | n/a | 0.0% | |
| UTILITIES EMPLOYEES CREDIT UNION | $125,000 | $185,000 | 48.0% | 0.0% |
| Santander Bank, N.A. | $1,770,000 | $175,000 | -90.1% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $355,000 | $175,000 | -50.7% | 0.0% |
| Clinton Savings Bank | $165,000 | n/a | 0.0% | |
| FIRST WORLD MORTGAGE CORPORATION | $165,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $490,000 | $165,000 | -66.3% | 0.0% |
| MID-ISLAND MORTGAGE CORP. | $165,000 | n/a | 0.0% | |
| GREENWOOD | $55,000 | $160,000 | 190.9% | 0.0% |
| HOLYOKE | $155,000 | n/a | 0.0% | |
| UIF CORPORATION | $275,000 | $145,000 | -47.3% | 0.0% |
| ZILLOW HOME LOANS, LLC | $2,005,000 | $145,000 | -92.8% | 0.0% |
| BankNewport | $135,000 | n/a | 0.0% | |
| Bay State Savings Bank | $135,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $555,000 | $135,000 | -75.7% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $125,000 | n/a | 0.0% | |
| First National Bank of America | $125,000 | n/a | 0.0% | |
| POLISH NATIONAL | $1,395,000 | $125,000 | -91.0% | 0.0% |
| LENDSURE MORTGAGE CORP. | $115,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $335,000 | $115,000 | -65.7% | 0.0% |
| MEMBER ADVANTAGE MORTGAGE, LLC | $95,000 | $115,000 | 21.1% | 0.0% |
| BayCoast Bank | $195,000 | $110,000 | -43.6% | 0.0% |
| Liberty Bank | $845,000 | $105,000 | -87.6% | 0.0% |
| Plains Commerce Bank | $105,000 | n/a | 0.0% | |
| Ross Mortgage Company, Inc. | $85,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $85,000 | n/a | 0.0% | |
| Alden Credit Union | $55,000 | n/a | 0.0% | |
| AMERICAN EAGLE FINANCIAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| SCIENT Federal Credit Union | $25,000 | n/a | 0.0% |
PITTSFIELD's top lender by overall market share is GREYLOCK, with 23.9% market share. In second place, with 16.2%, is Adams Community Bank, having originated $140,075,000 in loans. In third place, with 6.9%, is Lee Bank, having originated $59,400,000 in loans. In fourth place, with 4.5%, is The Pittsfield Co-operative Bank, having originated $38,535,000 in loans. In fifth place, with 4.1%, is ACADEMY MORTGAGE CORPORATION, having originated $35,280,000 in loans.
PITTSFIELD Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - PITTSFIELD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $352,250 (17.5%) | $526,672 (-4.8%) | 1.38 | 854 |
| 2018-02-01 | $364,450 (12.1%) | $527,727 (-9.0%) | 1.36 | 850 |
| 2018-03-01 | $379,250 (13.2%) | $554,002 (-6.7%) | 1.35 | 844 |
| 2018-04-01 | $389,125 (12.3%) | $564,965 (-3.4%) | 1.34 | 884 |
| 2018-05-01 | $396,500 (13.5%) | $562,723 (-2.1%) | 1.33 | 946 |
| 2018-06-01 | $379,000 (7.7%) | $551,844 (-3.7%) | 1.30 | 1,037 |
| 2018-07-01 | $369,000 (5.4%) | $535,141 (-5.5%) | 1.26 | 1,118 |
| 2018-08-01 | $366,750 (4.8%) | $532,783 (-4.2%) | 1.23 | 1,143 |
| 2018-09-01 | $359,000 (2.6%) | $528,740 (-4.0%) | 1.20 | 1,138 |
| 2018-10-01 | $357,000 (2.0%) | $549,234 (0.9%) | 1.20 | 1,128 |
| 2018-11-01 | $369,450 (-1.4%) | $573,651 (5.2%) | 1.24 | 1,029 |
| 2018-12-01 | $374,900 (1.6%) | $582,366 (8.7%) | 1.28 | 943 |
| 2019-01-01 | $361,000 (2.5%) | $588,845 (11.8%) | 1.25 | 827 |
| 2019-02-01 | $370,225 (1.6%) | $600,562 (13.8%) | 1.23 | 805 |
| 2019-03-01 | $374,943 (-1.1%) | $605,838 (9.4%) | 1.21 | 808 |
| 2019-04-01 | $374,993 (-3.6%) | $600,792 (6.3%) | 1.18 | 852 |
| 2019-05-01 | $369,000 (-6.9%) | $600,084 (6.6%) | 1.14 | 935 |
| 2019-06-01 | $369,000 (-2.6%) | $579,173 (5.0%) | 1.14 | 1,050 |
| 2019-07-01 | $371,950 (0.8%) | $576,244 (7.7%) | 1.17 | 1,112 |
| 2019-08-01 | $373,364 (1.8%) | $577,595 (8.4%) | 1.17 | 1,090 |
| 2019-09-01 | $370,909 (3.3%) | $574,325 (8.6%) | 1.18 | 1,050 |
| 2019-10-01 | $369,000 (3.4%) | $573,782 (4.5%) | 1.19 | 1,010 |
| 2019-11-01 | $369,250 (-0.1%) | $602,672 (5.1%) | 1.21 | 923 |
| 2019-12-01 | $383,450 (2.3%) | $694,079 (19.2%) | 1.30 | 777 |
| 2020-01-01 | $391,500 (8.5%) | $713,809 (21.2%) | 1.31 | 668 |
| 2020-02-01 | $389,000 (5.1%) | $724,616 (20.7%) | 1.27 | 645 |
| 2020-03-01 | $399,450 (6.5%) | $724,527 (19.6%) | 1.28 | 677 |
| 2020-04-01 | $404,113 (7.8%) | $737,263 (22.7%) | 1.31 | 671 |
| 2020-05-01 | $425,000 (15.2%) | $736,884 (22.8%) | 1.33 | 708 |
| 2020-06-01 | $449,725 (21.9%) | $752,378 (29.9%) | 1.36 | 704 |
| 2020-07-01 | $430,000 (15.6%) | $763,395 (32.5%) | 1.29 | 653 |
| 2020-08-01 | $449,000 (20.3%) | $785,575 (36.0%) | 1.29 | 613 |
| 2020-09-01 | $454,500 (22.5%) | $784,607 (36.6%) | 1.36 | 590 |
| 2020-10-01 | $449,000 (21.7%) | $839,892 (46.4%) | 1.36 | 545 |
| 2020-11-01 | $422,000 (14.3%) | $936,397 (55.4%) | 1.27 | 477 |
| 2020-12-01 | $409,500 (6.8%) | $952,918 (37.3%) | 1.28 | 420 |
| 2021-01-01 | $432,500 (10.5%) | $1,025,096 (43.6%) | 1.41 | 334 |
| 2021-02-01 | $501,875 (29.0%) | $948,451 (30.9%) | 1.54 | 271 |
| 2021-03-01 | $529,000 (32.4%) | $995,601 (37.4%) | 1.59 | 242 |
| 2021-04-01 | $525,000 (29.9%) | $1,026,983 (39.3%) | 1.47 | 251 |
| 2021-05-01 | $499,450 (17.5%) | $988,820 (34.2%) | 1.36 | 294 |
| 2021-06-01 | $475,000 (5.6%) | $951,161 (26.4%) | 1.31 | 360 |
| 2021-07-01 | $472,450 (9.9%) | $942,275 (23.4%) | 1.31 | 400 |
| 2021-08-01 | $487,000 (8.5%) | $890,220 (13.3%) | 1.31 | 437 |
| 2021-09-01 | $475,000 (4.5%) | $905,162 (15.4%) | 1.26 | 447 |
| 2021-10-01 | $449,000 (0.0%) | $831,550 (-1.0%) | 1.18 | 431 |
| 2021-11-01 | $426,700 (1.1%) | $822,602 (-12.2%) | 1.16 | 377 |
| 2021-12-01 | $422,475 (3.2%) | $831,083 (-12.8%) | 1.13 | 302 |
| 2022-01-01 | $430,950 (-0.4%) | $911,018 (-11.1%) | 1.20 | 242 |
| 2022-02-01 | $439,225 (-12.5%) | $977,742 (3.1%) | 1.18 | 201 |
| 2022-03-01 | $449,900 (-15.0%) | $1,011,135 (1.6%) | 1.18 | 195 |
| 2022-04-01 | $425,000 (-19.1%) | $998,477 (-2.8%) | 1.12 | 199 |
| 2022-05-01 | $447,225 (-10.5%) | $881,658 (-10.8%) | 1.06 | 244 |
| 2022-06-01 | $461,250 (-2.9%) | $915,448 (-3.8%) | 1.07 | 281 |
| 2022-07-01 | $449,450 (-4.9%) | $877,778 (-6.8%) | 1.02 | 350 |
| 2022-08-01 | $458,225 (-5.9%) | $927,374 (4.2%) | 1.08 | 336 |
| 2022-09-01 | $439,500 (-7.5%) | $936,813 (3.5%) | 0.00 | 349 |
| 2022-10-01 | $449,000 (0.0%) | $904,402 (8.8%) | 0.00 | 348 |
| 2022-11-01 | $447,000 (4.8%) | $930,557 (13.1%) | 0.00 | 300 |
| 2022-12-01 | $447,000 (5.8%) | $963,607 (16.0%) | 0.00 | 255 |
| 2023-01-01 | $470,725 (9.2%) | $1,059,000 (16.2%) | 0.00 | 213 |
| 2023-02-01 | $476,675 (8.5%) | $1,159,235 (18.6%) | 0.00 | 205 |
| 2023-03-01 | $509,500 (13.3%) | $1,121,234 (10.9%) | 0.00 | 203 |
| 2023-04-01 | $485,000 (14.1%) | $932,455 (-6.6%) | 0.00 | 249 |
| 2023-05-01 | $507,450 (13.5%) | $1,022,174 (15.9%) | 0.00 | 269 |
PITTSFIELD's median listing price comes in at 0% of the national average.
PITTSFIELD's average listing price for 2023-05-01 was $1,022,174, a difference of $140,516 (15.9%) versus the prior year and $89,719 versus the prior month.
For the 2023-05-01 period, PITTSFIELD had 269 MLS listings, a difference of 20 listings (8%) versus the prior month and 25 listings (10%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - PITTSFIELD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 145 days | 2,036 sqft |
| 2018-02-01 | 156 days | 2,028 sqft |
| 2018-03-01 | 157 days | 2,040 sqft |
| 2018-04-01 | 153 days | 2,060 sqft |
| 2018-05-01 | 124 days | 2,060 sqft |
| 2018-06-01 | 95 days | 2,009 sqft |
| 2018-07-01 | 84 days | 2,001 sqft |
| 2018-08-01 | 89 days | 2,026 sqft |
| 2018-09-01 | 95 days | 1,997 sqft |
| 2018-10-01 | 108 days | 1,973 sqft |
| 2018-11-01 | 121 days | 2,035 sqft |
| 2018-12-01 | 135 days | 2,043 sqft |
| 2019-01-01 | 144 days | 1,990 sqft |
| 2019-02-01 | 151 days | 2,003 sqft |
| 2019-03-01 | 145 days | 2,009 sqft |
| 2019-04-01 | 130 days | 2,003 sqft |
| 2019-05-01 | 97 days | 2,014 sqft |
| 2019-06-01 | 80 days | 2,001 sqft |
| 2019-07-01 | 85 days | 2,001 sqft |
| 2019-08-01 | 91 days | 2,006 sqft |
| 2019-09-01 | 106 days | 1,992 sqft |
| 2019-10-01 | 114 days | 1,975 sqft |
| 2019-11-01 | 123 days | 2,001 sqft |
| 2019-12-01 | 135 days | 2,023 sqft |
| 2020-01-01 | 139 days | 2,021 sqft |
| 2020-02-01 | 147 days | 2,016 sqft |
| 2020-03-01 | 140 days | 2,106 sqft |
| 2020-04-01 | 137 days | 2,127 sqft |
| 2020-05-01 | 121 days | 2,136 sqft |
| 2020-06-01 | 99 days | 2,126 sqft |
| 2020-07-01 | 72 days | 2,088 sqft |
| 2020-08-01 | 74 days | 2,086 sqft |
| 2020-09-01 | 69 days | 2,052 sqft |
| 2020-10-01 | 66 days | 2,086 sqft |
| 2020-11-01 | 78 days | 2,030 sqft |
| 2020-12-01 | 94 days | 2,013 sqft |
| 2021-01-01 | 109 days | 2,050 sqft |
| 2021-02-01 | 117 days | 2,210 sqft |
| 2021-03-01 | 84 days | 2,221 sqft |
| 2021-04-01 | 53 days | 2,183 sqft |
| 2021-05-01 | 39 days | 2,152 sqft |
| 2021-06-01 | 37 days | 2,138 sqft |
| 2021-07-01 | 44 days | 2,148 sqft |
| 2021-08-01 | 51 days | 2,105 sqft |
| 2021-09-01 | 52 days | 2,102 sqft |
| 2021-10-01 | 63 days | 1,992 sqft |
| 2021-11-01 | 69 days | 1,926 sqft |
| 2021-12-01 | 81 days | 1,846 sqft |
| 2022-01-01 | 104 days | 1,854 sqft |
| 2022-02-01 | 101 days | 1,865 sqft |
| 2022-03-01 | 72 days | 1,882 sqft |
| 2022-04-01 | 45 days | 1,842 sqft |
| 2022-05-01 | 42 days | 1,899 sqft |
| 2022-06-01 | 35 days | 1,897 sqft |
| 2022-07-01 | 42 days | 1,844 sqft |
| 2022-08-01 | 49 days | 1,905 sqft |
| 2022-09-01 | 0 days | 1,805 sqft |
| 2022-10-01 | 0 days | 1,843 sqft |
| 2022-11-01 | 0 days | 1,882 sqft |
| 2022-12-01 | 0 days | 1,906 sqft |
| 2023-01-01 | 0 days | 1,908 sqft |
| 2023-02-01 | 0 days | 1,875 sqft |
| 2023-03-01 | 0 days | 1,895 sqft |
| 2023-04-01 | 0 days | 1,932 sqft |
| 2023-05-01 | 0 days | 2,016 sqft |
PITTSFIELD's median square footage for active listings during the 2023-05-01 period was 2,016 sqft. One year prior, the average listing was 1,899 sqft.
PITTSFIELD, MA Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 01201 | Pittsfield, MA | $850 | $1,020 | $1,280 | $1,630 | $1,760 |
| 01202 | Pittsfield, MA | $850 | $1,020 | $1,280 | $1,630 | $1,760 |
| 01220 | Pittsfield, MA | $730 | $870 | $1,100 | $1,400 | $1,510 |
| 01223 | Pittsfield, MA | $1,270 | $1,380 | $1,810 | $2,240 | $2,540 |
| 01224 | Pittsfield, MA | $1,080 | $1,270 | $1,600 | $2,020 | $2,220 |
| 01225 | Pittsfield, MA | $990 | $1,180 | $1,490 | $1,890 | $2,050 |
| 01226 | Pittsfield, MA | $900 | $1,070 | $1,350 | $1,720 | $1,860 |
| 01227 | Pittsfield, MA | $850 | $1,020 | $1,280 | $1,630 | $1,760 |
| 01229 | Pittsfield, MA | $800 | $960 | $1,210 | $1,540 | $1,670 |
| 01235 | Pittsfield, MA | $760 | $830 | $1,060 | $1,330 | $1,490 |
| 01236 | Pittsfield, MA | $1,260 | $1,370 | $1,800 | $2,220 | $2,520 |
| 01237 | Pittsfield, MA | $1,090 | $1,270 | $1,610 | $2,030 | $2,230 |
| 01238 | Pittsfield, MA | $870 | $1,030 | $1,300 | $1,650 | $1,790 |
| 01240 | Pittsfield, MA | $880 | $1,050 | $1,330 | $1,690 | $1,830 |
| 01242 | Pittsfield, MA | $870 | $1,040 | $1,310 | $1,670 | $1,810 |
| 01254 | Pittsfield, MA | $1,280 | $1,520 | $1,920 | $2,440 | $2,640 |
| 01260 | Pittsfield, MA | $990 | $1,150 | $1,470 | $1,850 | $2,030 |
| 01262 | Pittsfield, MA | $800 | $960 | $1,210 | $1,540 | $1,670 |
| 01266 | Pittsfield, MA | $1,380 | $1,530 | $1,990 | $2,470 | $2,780 |
| 01270 | Pittsfield, MA | $820 | $970 | $1,230 | $1,560 | $1,710 |
2022 Average & Median Rent Data Statistics
PITTSFIELD, MA average 1BR rent: $1,126, median: $1,045
PITTSFIELD, MA average 2BR rent: $1,432, median: $1,320
PITTSFIELD, MA average 3BR rent: $1,808, median: $1,680
PITTSFIELD, MA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,684 | $506,620,000 | $300,843 |
| Refi | 730 | $178,280,000 | $244,219 |
| Home Improvement | 570 | $52,670,000 | $92,404 |
| Cash Out Refi | 324 | $79,350,000 | $244,907 |
| Other | 276 | $45,800,000 | $165,942 |
Pittsfield's most frequently cited loan purpose was Home Purchase, with 1,684 originations. The 2nd most popular reason was Refi, with 730 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,288 | $288,800,000 | $224,224 |
| 4-5% | 573 | $155,535,000 | $271,440 |
| 5-6% | 484 | $101,230,000 | $209,153 |
| 2.5-3% | 400 | $108,150,000 | $270,375 |
| 6-7% | 235 | $46,035,000 | $195,894 |
| <2.5% | 143 | $27,925,000 | $195,280 |
| Over 8% | 45 | $4,985,000 | $110,778 |
| 7-8% | 43 | $7,045,000 | $163,837 |
During 2022, Pittsfield's most frequently originated rate bucket was 3-4%, with 1,288 originations.
Loan Sizing (PITTSFIELD, MA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,103 | $299,065,000 | $271,138 |
| $100k-200k | 1,091 | $161,915,000 | $148,410 |
| $100,000 or less | 911 | $45,875,000 | $50,357 |
| $400k-600k | 283 | $133,545,000 | $471,890 |
| $600k-1000k | 133 | $97,945,000 | $736,429 |
| $Over $1MM | 63 | $124,375,000 | $1,974,206 |
PITTSFIELD's loan sizing saw the bucket of loans from $200k-400k with 1,103 originations, totaling $299,065,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 974 | $272,080,000 | $279,343 |
| 60-80% | 832 | $276,870,000 | $332,776 |
| Under 20% | 557 | $26,735,000 | $47,998 |
| 20-40% | 434 | $53,140,000 | $122,442 |
| 40-60% | 394 | $103,770,000 | $263,376 |
| Over 100% | 14 | $5,930,000 | $423,571 |
PITTSFIELD's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 974 originations, totaling $272,080,000 in origination value.