$210,000
1.30 Acres
Land
Richelle Ward, Listing Office: Coldwell Banker Realty
Is Brookfield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Brookfield has remained a Seller's Market.
Key Takeaway
Brookfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brookfield, CT
How much do homes in Brookfield, CT cost?
Median Sold Price
$542,500
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,000(+10.2%)
Key Takeaway
Homes in Brookfield have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Brookfield was $542,500 in October 2024, up 10.2% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $198.2K | $255K | +28.6% |
| 2 Bedrooms | $364.9K | $387.5K | +6.2% |
| 3 Bedrooms | $480K | $535K | +11.5% |
| 4 Bedrooms | $647.5K | $720K | +11.2% |
| 5+ Bedrooms | $720K | $697.5K | -3.1% |
Summary: Brookfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes decreased by 3.1%.
Median Sold Price Compared To Nearby Cities
| Bridgewater | $637K | $750K | +17.7% |
| Brookfield | $492.5K | $542.5K | +10.2% |
| New Milford | $410K | $444.9K | +8.5% |
| New Fairfield | $500.7K | $530K | +5.8% |
Housing Supply in Brookfield, CT
How many homes are available in Brookfield, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 71 | -12.3% |
Summary: The Brookfield real estate market had 71 homes for sale in October 2024, a 12.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 34 | 28 | -17.6% |
| 4 Bedrooms | 25 | 21 | -16.0% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Brookfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookfield, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Brookfield in October 2024, down by 8.7% month-over-month. Of the 21 sold homes, 33% were sold under asking, 10% were sold at asking, and 57% were sold over asking.
Days on Market for Brookfield, CT
How long does it take to sell a home in Brookfield, CT?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Brookfield has remained consistent over time.
Summary: During October 2024, 21 homes were sold in Brookfield; 0% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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