Is Brookline, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Brookline has remained a Seller's Market.
Key Takeaway
Brookline is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brookline, PA
How much do homes in Brookline, PA cost?
Median Sold Price
$203,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Brookline have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Brookline was $203,000 in April 2024, up 3.3% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $67K | - | N/A |
| 2 Bedrooms | $162.4K | $179K | +10.2% |
| 3 Bedrooms | $202.7K | $203K | 0.1% |
| 4 Bedrooms | $230K | $248K | +7.8% |
| 5+ Bedrooms | $203.5K | $374K | +83.8% |
Summary: Brookline housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 83.8%.
Housing Supply in Brookline, PA
How many homes are available in Brookline, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 46 | -4.2% |
Summary: The Brookline real estate market had 46 homes for sale in April 2024, a 4.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 30 | 24 | -20.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Brookline 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 increased by 11.1%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 11 | -35.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookline, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Brookline in April 2024, down by 35.3% month-over-month. Of the 11 sold homes, 18% were sold under asking, 45% were sold at asking, and 36% were sold over asking.
Days on Market for Brookline, PA
How long does it take to sell a home in Brookline, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 64 Days | 21 Days | -66.5% |
Summary: Homes in Brookline had an average of 21 days on market in Apr 2024, down by 66.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 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 April 2024, 11 homes were sold in Brookline; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
