$2,695,000
2,084 SqFt
3 Beds
•2 Full Baths, 1 Partial
#73312504, Erik Anderson, Listing Office: Concept Properties
Is Brookline Hills, 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 Hills was a Buyer's Market.
Key Takeaway
Brookline Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brookline Hills, MA
How much do homes in Brookline Hills, MA cost?
Median Sold Price
$1,150,000
$739/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$71,500(-5.9%)
Key Takeaway
Homes in Brookline Hills have sold for 5.9% less than they did a year ago.
Summary: The median home sold price in Brookline Hills was $1,150,000 in October 2024, down 5.9% from last year, and the median price per square foot was $739.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $518K | $585K | +12.9% |
| 2 Bedrooms | $857.5K | $846.5K | -1.3% |
| 3 Bedrooms | $1.1M | $1.3M | +13.7% |
| 4 Bedrooms | $1.6M | $1.7M | +1.8% |
| 5+ Bedrooms | $2.5M | $2.8M | +10.2% |
Summary: Brookline Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Brookline Hills | $1.2M | $1.1M | -5.9% |
| Washington Square | $1.0M | $880K | -12.4% |
| Brookline Village | $1.0M | $918K | -13.0% |
| Brighton | $689.9K | $561.8K | -18.6% |
Housing Supply in Brookline Hills, MA
How many homes are available in Brookline Hills, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 44 | +12.8% |
Summary: The Brookline Hills real estate market had 44 homes for sale in October 2024, a 12.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Brookline Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 13 | +1200.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookline Hills, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Brookline Hills in October 2024, up by 1200.0% month-over-month. Of the 13 sold homes, 77% were sold under asking, 0% were sold at asking, and 23% were sold over asking.
Days on Market for Brookline Hills, MA
How long does it take to sell a home in Brookline Hills, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 61 Days | +7.9% |
Summary: Homes in Brookline Hills had an average of 61 days on market in Oct 2024, up by 7.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brookline Hills are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Brookline Hills; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
