Brookline MA Real Estate: 2012 Condo Market Summary
Brookline MA real estate didn’t suffer as much in the downturn as the majority of communities. Still, we see a substantial pick-up in the condo market.
Brookline MA‘s condo market is known to be spread over a wide price range. The condominiums in Brookline come in a variety of styles, settings, types of buildings and sizes. The condos make up of the overwhelming majority of sales with Brookline’s mostly urban setting.
The market picked up with a nearly 20% increase in sales, and 20% plunge in market time. Depending on the price range, the Brookline MA condo market has less inventory than demand, pushing prices up.
| 2011 | 2012 | Change | |
| Number of Sales | 473 | 559 | 18.2% |
| Average List Price | $578,000 | $584,500 | 1.1% |
| Average Sale Price | $562,000 | $575,000 | 2.3% |
| Median Sale Price | $490,000 | $500,000 | 2.0% |
| Average Days on Market | 75 | 60 | -20.0% |
| Average Sale Price / List Price | 97.2% | 98.4% | 1.2% |
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