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Category Archives for "Brookline Real Estate"

Brighton MA 1933 Commonwealth Ave Unit 606

Brighton condo for sale, on market this week!  Listing price $329,000. One bedroom condo located at the Claridge house, 1933 Commonwealth Avenue.  Unit 606 faces front, where you find excellent views of the reservoir.  Cleveland Circle location, just a short walk from shops, restaurants, and the B, C and D lines. This unit comes with […]

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Brookline Condominium Market: Will Buyers Remain Powerless?

The Brookline MA condominium market has been tight and getting tighter for a couple of years now.  Buyers compete for properties in any price range, and inventory remains low.  The number of buyers increase as the inventory has steadily decreased. The graph below shows peak inventory in 2013 is lower than off-season inventory in the […]

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Sold Over Asking: 21 Warwick Road # 6 Brookline

Sold $390,000. When I think of Brookline condos, I think of turn-of-the century buildings with ornamental details, hardwood floors, high ceilings and brilliant floor plans.  There is a feeling of “they don’t make ’em like they used to,” when you walk around these brownstones. 21-23 Warwick Road is such a building.  A top floor unit is […]

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Median House Price Brookline MA

Median house prices in Brookline MA are on the rise again. Brookline’s market for single family houses is only 22% of the total number of properties sold in the past twelve months.  But in dollars, the Brookline market for houses had $246.5 million in closings, worth 42% of the dollar volume of real estate sold […]

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Doing the Numbers: Brookline Real Estate Months of Supply

“Months of supply” in real estate is the closest thing we have to a forecasting tool.  The months of supply measures how long it would take to sell the current number of homes on the market.   Low inventory, means demand exceeds supply, hence rising prices are a logical expectations.  Anything under a three months […]

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Residential Exemptions in Boston and Brookline

Residential exemptions are reduction on your tax bill if you live in the home you own.  Most towns have some sort of residential exemption, usually calculated with a deduction off the assessed value of your principle residence.  Your principle residence is defined as the address used on your last income tax filing. In Brookline, the […]

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Brookline Real Estate Update

There has been a lot of talk about the shrinking supply of homes in the market.  The shift in this critical market condition is nicely shown in the months of supply of Brookline’s single family houses chart.  In May 2o11 there was over 10 months of supply – meaning, it would take 10 months to […]

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