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 buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Brookline Village was a Neutral Market.

Key Takeaway

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

Housing Prices in Brookline Village, MA

How much do homes in Brookline Village, MA cost?

Median Sold Price

$918,000

$722/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$137,000(-13.0%)

Key Takeaway

Homes in Brookline Village have sold for 13% less than they did a year ago.

Summary: The median home sold price in Brookline Village was $918,000 in October 2024, down 13% from last year, and the median price per square foot was $722.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $500K$549K
+9.8%
2 $1.0M$822.5K
-18.0%
3 $1.1M$1.2M
+8.8%
4 $1.9M$1.3M
-31.1%
5+ $2.2M$2.0M
-8.1%

Summary: Brookline Village housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes decreased by 18%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 31.1%, and 5+ bedroom homes decreased by 8.1%.

Median Sold Price Compared To Nearby Neighborhoods

Coolidge Corner
+13.0%
Brookline Hills
-5.9%
Brookline Village
-13.0%

Housing Supply in Brookline Village, MA

How many homes are available in Brookline Village, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3129-6.5%

Summary: The Brookline Village real estate market had 29 homes for sale in October 2024, a 6.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 87
-12.5%
2 76
-14.3%
3 1110
-9.1%
4 24
+100.0%
5+ 32
-33.3%

Summary: The Brookline Village 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 decreased by 14.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
122-83.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 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 Village, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Brookline Village in October 2024, down by 83.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
24 Days108 Days+352.1%

Summary: Homes in Brookline Village had an average of 108 days on market in Oct 2024, up by 352.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Brookline Village are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in Brookline Village; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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

Newest Listings in Brookline Village, MA

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