Is West Brookfield, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, West Brookfield has remained a Seller's Market.
Housing Prices in West Brookfield, MA
How much do homes in West Brookfield, MA cost?
Median Sold Price
$392,000
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in West Brookfield was $392,000 in March 2024, up 4.9% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $357.5K | +37.5% |
2 Bedrooms | $324.9K | $300.9K | -7.4% |
3 Bedrooms | $393.4K | $363.5K | -7.6% |
4 Bedrooms | $460K | $670K | +45.7% |
5+ Bedrooms | $375K | $647.5K | +72.7% |
Summary: West Brookfield housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.5%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 45.7%, and 5+ bedroom homes increased by 72.7%.
Median Sold Price Compared To Nearby Cities
Warren | $286K | $338.5K | +18.4% |
North Brookfield | $325K | $360K | +10.8% |
West Brookfield | $373.7K | $392K | +4.9% |
Brookfield | $370K | $369K | -0.3% |
Housing Supply in West Brookfield, MA
How many homes are available in West Brookfield, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Summary: The West Brookfield real estate market had 12 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The West Brookfield housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 3 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in West Brookfield in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for West Brookfield, MA
How long does it take to sell a home in West Brookfield, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 28 Days | -23.8% |
Summary: Homes in West Brookfield had an average of 28 days on market in Mar 2024, down by 23.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in West Brookfield; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.