Is Brookline Village, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Brookline Village was a Seller's Market.
Key Takeaway
Brookline Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Brookline Village, MA
How much do homes in Brookline Village, MA cost?
Median Sold Price
$890,000
$735/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Brookline Village have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Brookline Village was $890,000 in April 2024, up 1.1% from last year, and the median price per square foot was $735.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $513.7K | $522.7K | +1.8% |
| 2 Bedrooms | $770K | $853.5K | +10.8% |
| 3 Bedrooms | $992.5K | $1.1M | +20.4% |
| 4 Bedrooms | $1.9M | $1.9M | +1.5% |
| 5+ Bedrooms | $2.4M | $2.2M | -10.8% |
Summary: Brookline Village housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 20.4%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 10.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Coolidge Corner | $990K | $1.1M | +14.1% |
| Brookline Village | $880K | $890K | +1.1% |
| Brookline Hills | $1.2M | $1.2M | -5.2% |
Housing Supply in Brookline Village, MA
How many homes are available in Brookline Village, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 32 | +28.0% |
Summary: The Brookline Village real estate market had 32 homes for sale in April 2024, a 28.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 3 | 7 | +133.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Brookline Village housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 133.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 3 | -70.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookline Village, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Brookline Village in April 2024, down by 70.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Brookline Village, MA
How long does it take to sell a home in Brookline Village, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 17 Days | 11 Days | -35.6% |
Summary: Homes in Brookline Village had an average of 11 days on market in Apr 2024, down by 35.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brookline Village are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Brookline Village; 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.
