$6,649 Closing Credit*
$559,900
1,700 SqFt
4 Beds
•2 Full Baths, 1 Partial
#73307155, Nina Ferraro Sweares, Listing Office: RE/MAX Prof Associates
Is East Brookfield, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, East Brookfield has remained a Seller's Market.
Key Takeaway
East Brookfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Brookfield, MA
How much do homes in East Brookfield, MA cost?
Median Sold Price
$415,000
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$72,500(+21.2%)
Key Takeaway
Homes in East Brookfield have sold for 21.2% more than they did a year ago.
Summary: The median home sold price in East Brookfield was $415,000 in October 2024, up 21.2% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $215K | N/A |
| 2 Bedrooms | $289.9K | $322K | +11.1% |
| 3 Bedrooms | $350K | $417.5K | +19.3% |
| 4 Bedrooms | $382.5K | $520K | +35.9% |
| 5+ Bedrooms | $240K | $404.7K | +68.6% |
Summary: East Brookfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 19.3%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes increased by 68.6%.
Housing Supply in East Brookfield, MA
How many homes are available in East Brookfield, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The East Brookfield real estate market had 10 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Brookfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Brookfield, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in East Brookfield in October 2024, up by 250.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for East Brookfield, MA
How long does it take to sell a home in East Brookfield, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 33 Days | +6.5% |
Summary: Homes in East Brookfield had an average of 33 days on market in Oct 2024, up by 6.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Brookfield are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in East Brookfield; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
