Brookline, MA

Brookline is a town in Norfolk County, Massachusetts, in the United States, and is a part of Greater Boston. Brookline borders six of Boston's neighborhoods: Brighton, Allston, Fenway-Kenmore, Mission Hill, Jamaica Plain, and West Roxbury. The city of Newton lies to the west of Brookline. At the 2010 census, the population of the town was 58,732. Brookline was first settled in 1638 as a hamlet in Boston, but was incorporated as a separate town in 1705. Brookline was known as the hamlet of Muddy River and was considered a part of Boston until the Town of Brookline was independently incorporated in 1705. (The Muddy River was used as the Brookline-Boston border at incorporation.) It is said that the name derives from a farm therein once owned by Judge Samuel Sewall.[2]

Through November
Brookline, MA - Single Family Properties

 
Brookline
  • Unit sales are up by 42.9%.
  • 3-month median price is up 18.1% to $1,387,500.
  • Price per square foot in November was $554. This is up 18.7% from $467 in November of 2013.
Nearby Areas You May Be Interested In
  • Unit sales in Needham are up 133.3% to 28.
  • Median price in Cambridge in November was $2,006,000. This is up 144.9% from $819,000 in November of 2013.
  • Unit sales in Wellesley are up by 62.5%.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.
Changes Favoring Buyers
3 Months Ending November, 2014 % Chg From Nov, 2013
Unit Sales 30 -11.8%
Market Time (Days) 108 40.3%
New Listings 53 20.5%
Changes Favoring Sellers
3 Months Ending November, 2014 % Chg From Nov, 2013
Median Sale Price $1,387,500 18.1%
Sales to List Price Ratio 97.5% 0.2%
Inventory 50 -19.4%
Months of Supply 3.8 -4.9%
Price per Sq Ft for Sold $510 15.7%
Listings Under Contract 41 78.3%
Sales
There were 10 unit sales in November. This is up 42.9% from 7 in November of 2013. Sales/list price ratio in November moved down to 95.2% from 100.8% in October.

Prices
Median price in November was $1,825,000, unchanged from the same month last year. 3-month median price of $1,387,500 in November was down slightly from $1,500,000 in October but up a little from $1,175,002 in November of 2013. Price per square foot in November was $554. This is up from $434 in October and up from $467 in November of 2013.

Inventory
Inventory of 45 in November was down 16.7% from 54 in October and down 19.6% from 56 in November of 2013. New listings of 10 in November were down substantially from 21 in October but way up from 7 in November of 2013. Months of supply of 3.3 in November was down a little from 4.1 in October and down modestly from 3.8 in November of 2013. This is the lowest months of supply has been since February, 2014.

Market Time
Days on market of 61 in November was way down from 111 in October and down considerably from 142 in November of 2013.

Change in Median Sale Price for Single Family Properties YTD From 2013 To 2014 for Towns in Norfolk County Ranked by Best Performance
Town % Change
Brookline 14.20%
Franklin 12.50%
Norwood 12.03%
Wellesley 9.78%
Milton 9.00%
Randolph 8.75%
Medfield 8.55%
Weymouth 8.30%
Quincy 7.14%
Medway 6.76%
Data From: MLSPIN
Towns with an average of at least 10 sales per month (maximum of 10 towns)
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Brookline, MA - Single Family Properties

August Headlines
Brookline
  • Median price is up 60.7% to $1,647,000.
  • Inventory in August was 48. This is down 18.6% from 59 in August of 2013.
  • 3-month new listings are down by 21.8%.
Other Towns In Norfolk County
  • Months of supply in Franklin is up by 76.4%.
  • Inventory in Franklin is up 71.2% to 89.
  • Unit sales in Wellesley in August were 30. This is down 37.5% from 48 in August of 2013.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.
Changes Favoring Buyers
3 Months Ending August, 2014 % Chg From Aug, 2013
Unit Sales 75 -3.8%
Market Time (Days) 50 4.2%
Listings Under Contract 41 -16.3%
Changes Favoring Sellers
3 Months Ending August, 2014 % Chg From Aug, 2013
Median Sale Price $1,680,000 21.8%
Sales to List Price Ratio 98.4% 0.2%
Inventory 49 -27.9%
Months of Supply 3.6 -15.5%
Price per Sq Ft for Sold $486 5.3%
New Listings 43 -21.8%
 
Sales
Unit sales in August were 21, unchanged from the same month last year. Sales/list price ratio in August moved up to 99.1% from 98.0% in July.

Prices
Median price in August was $1,647,000. This is up 60.7% from $1,025,000 in August of 2013. 3-month median price of $1,680,000 in August was up modestly from $1,600,000 in July and up somewhat from $1,379,500 in August of 2013. Price per square foot in August was $453. This is down from $505 in July but up from $417 in August of 2013.

Inventory
Inventory of 48 in August was down 2.0% from 49 in July and down 18.6% from 59 in August of 2013. New listings in August were 12, unchanged from the same month last year. Months of supply of 3.4 in August was down marginally from 3.5 in July and down a little from 3.7 in August of 2013. This is the lowest months of supply has been since February, 2014.

Market Time
Days on market of 53 in August was up substantially from 31 in July and up marginally from 51 in August of 2013.

Change in Median Sale Price for Single Family Properties YTD From 2013 To 2014 for Towns in Norfolk County Ranked by Best Performance
Town % Change
Brookline 15.91%
Franklin 12.00%
Norwood 11.42%
Canton 10.94%
Medfield 10.87%
Wellesley 10.68%
Weymouth 8.70%
Medway 8.39%
Norfolk 8.26%
Quincy 8.19%
Data From: MLSPIN
Towns with an average of at least 10 sales per month (maximum of 10 towns)
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Brookline, MA - Single Family Properties

July Headlines
Brookline
  • Inventory is down by 28.6%.
  • Median price is up 18.3% to $1,878,688.
  • New listings in July were 11. This is down 45.0% from 20 in July of 2013.
Other Towns In Norfolk County
  • Unit sales in Dedham in July were 25. This is down 50.0% from 50 in July of 2013.
  • Days on market in Franklin is up by 133.3%.
  • Days on market in Norwood is up 110.0% to 63.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.
Changes Favoring Buyers
3 Months Ending July, 2014 % Chg From Jul, 2013
Unit Sales 71 -5.3%
Listings Under Contract 60 -9.1%
Changes Favoring Sellers
3 Months Ending July, 2014 % Chg From Jul, 2013
Median Sale Price $1,600,000 9.6%
Sales to List Price Ratio 98.7% 1.2%
Inventory 54 -26.0%
Months of Supply 4.0 -13.8%
Market Time (Days) 56 -18.8%
Price per Sq Ft for Sold $483 4.4%
New Listings 61 -24.7%
Click here to see monthly and longer-term averages.
 
Sales
There were 28 unit sales in July. This is up 16.7% from 24 in July of 2013. This is the highest unit sales have been since 33 in June, 2013. Sales/list price ratio in July moved down to 98.0% from 98.3% in June.

Prices
Median price in July was $1,878,688. This is up 18.3% from $1,588,000 in July of 2013. This is the highest median price has been since April, 2011. 3-month median price of $1,600,000 in July was very slightly up from $1,525,500 in June and up modestly from $1,460,000 in July of 2013.

Inventory
Inventory of 50 in July was down 3.8% from 52 in June and down 28.6% from 70 in July of 2013. New listings of 11 in July were down substantially from 20 in June and way down from 20 in July of 2013. Months of supply of 3.6 in July was down a little from 3.8 in June and down modestly from 4.3 in July of 2013. This is the lowest months of supply has been since February, 2014.

Market Time
Days on market of 31 in July was way down from 69 in June and down considerably from 44 in July of 2013.

Change in Median Sale Price for Single Family Properties YTD From 2013 To 2014 for Towns in Norfolk County Ranked by Best Performance
Town % Change
Canton 17.85%
Weymouth 13.56%
Norwood 12.68%
Franklin 12.53%
Medfield 12.28%
Brookline 11.89%
Wellesley 11.40%
Milton 9.00%
Stoughton 8.77%
Medway 8.11%
Data From: MLSPIN
Towns with an average of at least 10 sales per month (maximum of 10 towns)
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    Contact Info
    Listings
    photo.aspx?mls=72071392&w=1024&h=768&n=0image_shadow.png
    FOR SALE

    8 Bed

    9.5 Bath

    26,623SqFt

    150 Woodland Rd,
    Brookline, MA 02467

    $90,000,000

    Listed ByColdwell Banker Residential Brokerage - Brookline

    MLS® #72071392 MLS® # 72071392 (Active)
    photo.aspx?mls=72102970&w=1024&h=768&n=0image_shadow.png
    FOR SALE

    7 Bed

    9.5 Bath

    9,294SqFt

    55 Leicester Street,
    Brookline, MA 02445

    $12,800,000

    Listed ByGibson Sotheby's International Realty

    MLS® #72102970 MLS® # 72102970 (Active)
    photo.aspx?mls=72136784&w=1024&h=768&n=0image_shadow.png
    FOR SALE

    5 Bed

    7.0 Bath

    7,120SqFt

    26 Fernwood Rd,
    Brookline, MA 02467

    $8,100,000

    Listed ByCommonwealth Premier Realty

    MLS® #72136784 MLS® # 72136784 (Active)
    photo.aspx?mls=71992536&w=1024&h=768&n=0image_shadow.png
    FOR SALE

    5 Bed

    5.5 Bath

    6,381SqFt

    181 Clyde St,
    Brookline, MA 02467

    $6,950,000

    Listed ByLandVest, Inc.

    MLS® #71992536 MLS® # 71992536 (Active)
    photo.aspx?mls=72148213&w=1024&h=768&n=0image_shadow.png
    FOR SALE

    6 Bed

    5.5 Bath

    9,582SqFt

    64 Dudley,
    Brookline, MA 02445

    $4,995,000

    Listed ByJacob Realty, LLC

    MLS® #72148213 MLS® # 72148213 (Active)

    PAGE 1  OF  9 1 2 3 4 5 »

    Contact Info
    Agent
    The Walsh Team

    "Best Agents in America 2013"

    William Raveis Real Estate

    73 Central St.
    Wellesley  Massachusetts 02482

    508-934-4030 508-341-4904

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    Last updated on Apr 30, 2017.



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    Last updated on Apr 30, 2017.

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