Is East Brookfield, MA 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, East Brookfield has remained a Seller's Market.
Housing Prices in East Brookfield, MA
How much do homes in East Brookfield, MA cost?
Median Sold Price
$361,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Brookfield was $361,000 in May 2024, up 11.1% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $290K | $297.5K | +2.6% |
3 Bedrooms | $342.5K | $432.5K | +26.3% |
4 Bedrooms | $547K | $355K | -35.1% |
5+ Bedrooms | $240K | $404.7K | +68.6% |
Summary: East Brookfield 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 2.6%, 3 bedroom homes increased by 26.3%, 4 bedroom homes decreased by 35.1%, 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
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Summary: The East Brookfield real estate market had 9 homes for sale in May 2024, a 12.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 0 | 2 | +100.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The East Brookfield 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in East Brookfield in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 12 Days | +1.4% |
Summary: Homes in East Brookfield had an average of 12 days on market in May 2024, up by 1.4% 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
Summary: During May 2024, 2 homes were sold in East 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.