$4,630 Closing Credit*
$389,900
1,512 SqFt
4 Beds
•2 Full Baths
#73320431, Michelle Terry Team, Listing Office: EXIT Real Estate Executives
Is West Brookfield, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, West Brookfield was a Seller's Market.
Key Takeaway
West Brookfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Brookfield, MA
How much do homes in West Brookfield, MA cost?
Median Sold Price
$399,500
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,500(+6.5%)
Key Takeaway
Homes in West Brookfield have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in West Brookfield was $399,500 in November 2024, up 6.5% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $266K | -11.3% |
| 2 Bedrooms | $325K | $372.5K | +14.6% |
| 3 Bedrooms | $365K | $400K | +9.6% |
| 4 Bedrooms | $670K | $671.5K | 0.2% |
| 5+ Bedrooms | $545K | $657.5K | +20.6% |
Summary: West Brookfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.3%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 20.6%.
Median Sold Price Compared To Nearby Cities
| North Brookfield | $339K | $397.5K | +17.3% |
| Warren | $320K | $351K | +9.7% |
| West Brookfield | $375K | $399.5K | +6.5% |
| Brookfield | $369K | $360K | -2.4% |
Housing Supply in West Brookfield, MA
How many homes are available in West Brookfield, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 25 | +47.1% |
Summary: The West Brookfield real estate market had 25 homes for sale in November 2024, a 47.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 9 | 13 | +44.4% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Brookfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Brookfield, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in West Brookfield in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for West Brookfield, MA
How long does it take to sell a home in West Brookfield, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 21 Days | -39.7% |
Summary: Homes in West Brookfield had an average of 21 days on market in Nov 2024, down by 39.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Brookfield are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in West Brookfield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
