$5,250,000
7,163 SqFt
6 Beds
•4 Full Baths, 2 Partial
#73319998, Jamie Genser, Listing Office: Coldwell Banker Realty - Brookline
Is Brookline, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Brookline has remained a Seller's 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
$1,157,500
$754/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$42,250(-3.5%)
Key Takeaway
Homes in Brookline have sold for 3.5% less than they did a year ago.
Summary: The median home sold price in Brookline was $1,157,500 in November 2024, down 3.5% from last year, and the median price per square foot was $754.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $544.2K | $580K | +6.6% |
| 2 Bedrooms | $862.5K | $850K | -1.4% |
| 3 Bedrooms | $1.3M | $1.3M | 0.5% |
| 4 Bedrooms | $2.0M | $1.8M | -7.2% |
| 5+ Bedrooms | $2.8M | $2.7M | -3.6% |
Summary: Brookline housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes decreased by 3.6%.
Median Sold Price Compared To Nearby Cities
| Newton | $1.3M | $1.5M | +7.8% |
| Boston | $789.7K | $819K | +3.7% |
| Chestnut Hill | $1.3M | $1.3M | 0.0% |
| Brookline | $1.1M | $1.1M | -3.5% |
Housing Supply in Brookline, MA
How many homes are available in Brookline, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 211 | 173 | -18.0% |
Summary: The Brookline real estate market had 173 homes for sale in November 2024, a 18.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 17 | -22.7% |
| 2 Bedrooms | 57 | 40 | -29.8% |
| 3 Bedrooms | 48 | 44 | -8.3% |
| 4 Bedrooms | 36 | 34 | -5.6% |
| 5+ Bedrooms | 48 | 38 | -20.8% |
Summary: The Brookline housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.7%, 2 bedroom homes decreased by 29.8%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 20.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 41 | -10.9% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookline, you may be able to get a good deal. 61% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in Brookline in November 2024, down by 10.9% month-over-month. Of the 41 sold homes, 61% were sold under asking, 17% were sold at asking, and 22% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 43 Days | +66.1% |
Summary: Homes in Brookline had an average of 43 days on market in Nov 2024, up by 66.1% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 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 November 2024, 41 homes were sold in Brookline; 61% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
