Is Brookline, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Brookline has remained a Seller's Market.
Key Takeaway
Brookline is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brookline, PA
How much do homes in Brookline, PA cost?
Median Sold Price
$200,962
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Brookline have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Brookline was $200,962 in May 2024, up 2.8% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $67K | - | N/A |
| 2 Bedrooms | $160K | $175K | +9.4% |
| 3 Bedrooms | $200K | $210K | +5.0% |
| 4 Bedrooms | $257.3K | $221K | -14.1% |
| 5+ Bedrooms | $203.5K | $374K | +83.8% |
Summary: Brookline housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes increased by 83.8%.
Housing Supply in Brookline, PA
How many homes are available in Brookline, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 47 | 52 | +10.6% |
Summary: The Brookline real estate market had 52 homes for sale in May 2024, a 10.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 25 | 30 | +20.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Brookline housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookline, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Brookline in May 2024, up by 25.0% month-over-month. Of the 15 sold homes, 53% were sold under asking, 20% were sold at asking, and 27% were sold over asking.
Days on Market for Brookline, PA
How long does it take to sell a home in Brookline, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 14 Days | 28 Days | +98.5% |
Summary: Homes in Brookline had an average of 28 days on market in May 2024, up by 98.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Brookline are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 15 homes were sold in Brookline; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
