Is Brimfield, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brimfield is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Brimfield has remained a Seller's Market.

Key Takeaway

Brimfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Brimfield, MA cost?

Median Sold Price

$380,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$27,500(+7.8%)

Key Takeaway

Homes in Brimfield have sold for 7.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $300K-
N/A
2 $267K$195K
-27.0%
3 $350K$390K
+11.4%
4 $439K$473.3K
+7.8%
5+ $364K$628K
+72.5%

Median Sold Price Compared To Nearby Cities

Palmer Town
+10.8%
Fiskdale
+8.8%
Palmer
+8.7%
Brimfield
+7.8%
Warren
+4.6%

How many homes are available in Brimfield, MA?

Number of Homes For Sale

Oct 2022Nov 2022%
910+11.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 32
-33.3%
3 35
+66.7%
4 23
+50.0%
5+ 10
-100.0%

Number of Homes Sold

Oct 2022Nov 2022%
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brimfield, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
44 Days83 Days+86.1%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Brimfield has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Brimfield, MA

Brimfield, MA has 10 homes for sale to choose from. The number of listings in Brimfield, MA increased by 11.1% between October 2022 and November 2022. In November 2022 median list price was $380,000 and the average listing age was 83 days. Real estate listing prices changed between October 2022 and November 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went down by 27%, the cost of 3 bedrooms properties went up by 11.4%, 4 bedrooms properties prices increased by 7.8%, 5 bedrooms properties became 72.5% more expensive. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes inventory decreased by 33.3%, 3 bedrooms homes became 66.7% more available, 4 bedrooms homes became 50% more available, 5 bedrooms homes became 100% less available. In November 2022 more than 0 listings in Brimfield, MA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below.

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