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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookline Village is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Brookline Village has remained a Seller's Market.

Key Takeaway

Brookline Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brookline Village, MA

How much do homes in Brookline Village, MA cost?

Median Sold Price

$865,000

$722/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$257,500(-22.9%)

Key Takeaway

Homes in Brookline Village have sold for 22.9% less than they did a year ago.

Summary: The median home sold price in Brookline Village was $865,000 in November 2024, down 22.9% from last year, and the median price per square foot was $722.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $502.5K$553.7K
+10.2%
2 $1.1M$805K
-27.0%
3 $1.1M$1.2M
+11.9%
4 $1.9M$2.0M
+5.0%
5+ $2.0M$2.0M
-0.1%

Summary: Brookline Village housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes decreased by 27%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 0.1%.

Median Sold Price Compared To Nearby Neighborhoods

Coolidge Corner
+13.6%
Brookline Hills
+5.5%
Brookline Village
-22.9%

Housing Supply in Brookline Village, MA

How many homes are available in Brookline Village, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2622-15.4%

Summary: The Brookline Village real estate market had 22 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 74
-42.9%
2 77
0.0%
3 109
-10.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Brookline Village housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookline Village, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Brookline Village in November 2024, up by 200.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Brookline Village, MA

How long does it take to sell a home in Brookline Village, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days25 Days+26.1%

Summary: Homes in Brookline Village had an average of 25 days on market in Nov 2024, up by 26.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 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 Village are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in Brookline Village; 67% of homes were sold within 30 days, 33% 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 22 Days Ago

Newest Listings in Brookline Village, MA

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