Is Brookfield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Brookfield has remained a Seller's Market.
Key Takeaway
Brookfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brookfield, CT
How much do homes in Brookfield, CT cost?
Median Sold Price
$537,100
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Brookfield have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Brookfield was $537,100 in June 2024, up 11.9% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199K | $225K | +13.1% |
| 2 Bedrooms | $320K | $388K | +21.3% |
| 3 Bedrooms | $480K | $527.5K | +9.9% |
| 4 Bedrooms | $585K | $709K | +21.2% |
| 5+ Bedrooms | $572.5K | $722.5K | +26.2% |
Summary: Brookfield housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 26.2%.
Median Sold Price Compared To Nearby Cities
| Bridgewater | $624.7K | $777K | +24.4% |
| Brookfield | $480K | $537.1K | +11.9% |
| New Milford | $400K | $435K | +8.8% |
| New Fairfield | $500K | $525K | +5.0% |
Housing Supply in Brookfield, CT
How many homes are available in Brookfield, CT?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 88 | 94 | +6.8% |
Summary: The Brookfield real estate market had 94 homes for sale in June 2024, a 6.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 18 | 13 | -27.8% |
| 3 Bedrooms | 24 | 30 | +25.0% |
| 4 Bedrooms | 32 | 35 | +9.4% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Brookfield housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 27.8%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookfield, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Brookfield in June 2024, down by 11.1% month-over-month. Of the 16 sold homes, 31% were sold under asking, 13% were sold at asking, and 56% were sold over asking.
Days on Market for Brookfield, CT
We’re sorry, we don't have information for this market at the moment
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