$10,000 Closing Credit*
$2,200,000
2,011 SqFt
3 Beds
•2 Full Baths, 1 Partial
#73313336, Michalann Cosme, Listing Office: Citylight Homes LLC
Is Brookline, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Brookline was a Neutral Market.
Key Takeaway
Brookline is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brookline, MA
How much do homes in Brookline, MA cost?
Median Sold Price
$1,180,000
$754/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$19,785(-1.6%)
Key Takeaway
Homes in Brookline have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in Brookline was $1,180,000 in October 2024, down 1.6% from last year, and the median price per square foot was $754.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $545K | $580K | +6.4% |
| 2 Bedrooms | $885K | $850K | -4.0% |
| 3 Bedrooms | $1.2M | $1.3M | +2.6% |
| 4 Bedrooms | $1.9M | $1.8M | -5.8% |
| 5+ Bedrooms | $2.8M | $2.6M | -9.6% |
Summary: Brookline housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 9.6%.
Median Sold Price Compared To Nearby Cities
| Newton | $1.4M | $1.4M | +6.4% |
| Boston | $788.9K | $815.9K | +3.4% |
| Chestnut Hill | $1.2M | $1.3M | +1.3% |
| Brookline | $1.1M | $1.1M | -1.6% |
Housing Supply in Brookline, MA
How many homes are available in Brookline, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 198 | 225 | +13.6% |
Summary: The Brookline real estate market had 225 homes for sale in October 2024, a 13.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 24 | 21 | -12.5% |
| 2 Bedrooms | 52 | 59 | +13.5% |
| 3 Bedrooms | 36 | 49 | +36.1% |
| 4 Bedrooms | 34 | 39 | +14.7% |
| 5+ Bedrooms | 52 | 57 | +9.6% |
Summary: The Brookline housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 36.1%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 9.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 38 | +35.7% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookline, you may be able to get a good deal. 55.3% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Brookline in October 2024, up by 35.7% month-over-month. Of the 38 sold homes, 55% were sold under asking, 3% were sold at asking, and 42% were sold over asking.
Days on Market for Brookline, MA
How long does it take to sell a home in Brookline, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 48 Days | +117.2% |
Summary: Homes in Brookline had an average of 48 days on market in Oct 2024, up by 117.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brookline are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 38 homes were sold in Brookline; 55% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
