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Richard C. Lee's Blog

By Rich Lee | Agent in Boston, MA

Brookline, MA Single Family Houses Retain Value

Brookline, MA's single family housing market sees values hold.  Data in this post is based on information provided to and compiled by MLS Property Information Network, Inc.

Brookline, MA Single Family House Sales and Average Sale PriceBrookline, MA Single Family House Sales and Average Sale Price

Single family house sale prices averaged $1,319,749 in Brookline for 2010.  That's 3% below the peak of $1,363,250 in 2007.  Average sale price in 2009 was 6% below the peak which is very good compared to the rest of the Boston area.  Sales volume has dropped much more and ended 2010 at 146 single family houses sold.

Brookline, MA Number of Bedrooms in Single Family Houses SoldBrookline, MA Number of Bedrooms in Single Family Houses Sold

Home buyers get more bedrooms, on average, when they buy in Brookline.  Three, four, and five bedroom single family houses each made up about 1/4 of the sales during 2010.  The average single family house sold had 4.3 bedrooms.

Brookline, MA Single Family Houses Average Days on MarketBrookline, MA Single Family Houses Average Days on Market

Sellers should know that it took an average of 93 days to get an accepted offer on a single family house during 2010.  That's down significantly from 2007 single family houses had an average 146 days on market.

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