Is Brookline Hills, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookline Hills is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Brookline Hills was a Seller's Market.

Key Takeaway

Brookline Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Brookline Hills, MA

How much do homes in Brookline Hills, MA cost?

Median Sold Price

$1,275,000

$744/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$66,000(+5.5%)

Key Takeaway

Homes in Brookline Hills have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Brookline Hills was $1,275,000 in November 2024, up 5.5% from last year, and the median price per square foot was $744.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $510K$585K
+14.7%
2 $775K$850K
+9.7%
3 $1.1M$1.3M
+18.4%
4 $1.7M$1.7M
-1.3%
5+ $2.5M$2.9M
+15.3%

Summary: Brookline Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.7%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 18.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 15.3%.

Median Sold Price Compared To Nearby Neighborhoods

Brookline Hills
+5.5%
Washington Square
-8.5%
Brighton
-18.5%
Brookline Village
-22.9%

Housing Supply in Brookline Hills, MA

How many homes are available in Brookline Hills, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4433-25.0%

Summary: The Brookline Hills real estate market had 33 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 42
-50.0%
2 98
-11.1%
3 108
-20.0%
4 76
-14.3%
5+ 149
-35.7%

Summary: The Brookline Hills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 35.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
154-73.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookline Hills, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Brookline Hills in November 2024, down by 73.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
22 Days33 Days+44.4%

Summary: Homes in Brookline Hills had an average of 33 days on market in Nov 2024, up by 44.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brookline Hills are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Brookline Hills; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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