$10,000 Closing Credit*
$2,500,000
3,044 SqFt
5 Beds
•3 Full Baths, 1 Partial
#73298752, Eileen Strong O Boy, Listing Office: Hammond Residential Real Estate
Is Brookline, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Brookline was a Seller's Market.
Key Takeaway
Brookline is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Brookline, MA
How much do homes in Brookline, MA cost?
Median Sold Price
$1,180,000
$746/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$22,958(-1.9%)
Key Takeaway
Homes in Brookline have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in Brookline was $1,180,000 in September 2024, down 1.9% from last year, and the median price per square foot was $746.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $545K | $580K | +6.4% |
| 2 Bedrooms | $880K | $850K | -3.4% |
| 3 Bedrooms | $1.2M | $1.3M | 0.4% |
| 4 Bedrooms | $1.9M | $1.8M | -2.9% |
| 5+ Bedrooms | $2.8M | $2.6M | -7.9% |
Summary: Brookline housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 7.9%.
Median Sold Price Compared To Nearby Cities
| Newton | $1.3M | $1.4M | +10.2% |
| Boston | $780.4K | $816.3K | +4.6% |
| Chestnut Hill | $1.3M | $1.2M | -1.5% |
| Brookline | $1.2M | $1.1M | -1.9% |
Housing Supply in Brookline, MA
How many homes are available in Brookline, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 160 | 207 | +29.4% |
Summary: The Brookline real estate market had 207 homes for sale in September 2024, a 29.4% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 19 | 27 | +42.1% |
| 2 Bedrooms | 38 | 53 | +39.5% |
| 3 Bedrooms | 25 | 37 | +48.0% |
| 4 Bedrooms | 25 | 35 | +40.0% |
| 5+ Bedrooms | 53 | 55 | +3.8% |
Summary: The Brookline housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.1%, 2 bedroom homes increased by 39.5%, 3 bedroom homes increased by 48%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 3.8%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 38 | 28 | -26.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookline, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Brookline in September 2024, down by 26.3% month-over-month. Of the 28 sold homes, 61% were sold under asking, 14% were sold at asking, and 25% were sold over asking.
Days on Market for Brookline, MA
How long does it take to sell a home in Brookline, MA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 34 Days | 43 Days | +26.5% |
Summary: Homes in Brookline had an average of 43 days on market in Sep 2024, up by 26.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brookline are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 28 homes were sold in Brookline; 46% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
