Brookline Massachusetts Real Estate Market Data - Dwell360

Page 1

Market Report Brookline, Massachusetts

Single Family, Condominiums, and Multifamily Homes Y e a r E n d 2 0 13


Brookline Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2013

0-2 Bed 3 Bed 4 Bed 5 Bed 6 Bed 7 Bed 8+ Bed

Range $350,000 - $1,311,000 $475,000 - $2,628,000 $689,000 - $3,560,000 $735,000 - $3,850,000 $1,126,000 - $7,000,000 $1,500,000 - $2,265,000 $1,835,000 - $4,250,000

Number of Listing Sold 6 50 45 37 31 7 3

Days on the Market 50 35 54 93 159 88 292

Average Sale Price $ 717,667 $ 885,015 $ 1,318,524 $ 1,970,576 $ 2,394,598 $ 1,813,286 $ 2,911,667

Historical Average Sale Price - Past 10 Years

15.736% -10.961% 11.187% -7.462% -0.718% 4.177% 2.914% 5.546% 3.722%

$1,446,745

$1,432,278 $1,288,169

$1,250,035

2004

Number of Listing Sold 194 144 159 187 124 125 136 160 172 179

% Change

Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

2005

2006

Source: MLSPIN, as of 01/30/2014

2007

$1,325,407

$1,315,895

2008

2009

Days on the Market 87 85 129 140 105 106 96 125 101 80

$1,370,863

$1,410,810

2010

2011

Average Sale Price $ 1,250,035 $ 1,446,745 $ 1,288,169 $ 1,432,278 $ 1,325,407 $ 1,315,895 $ 1,370,863 $ 1,410,810 $ 1,489,053 $ 1,544,481

$1,489,053

2012

$1,544,481

2013


Market statistics

Total Sold - Brookline, MA Single Family, 1/1/2013 - 12/31/2013

Price Range $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999 $2,500,000 - $2,999,999 $3,000,000 - $3,999,999 $4,000,000 - $4,999,999 $5,000,000 - $9,999,999

Total Properties

# of

Avg. Days

Average

Average

SP:LP

Average

SP:OP

Listings

on Market

Sale Price

List Price

Ratio

Orig Price

Ratio

2 0 1 3 12 22 15 9 37 41 12 11 10 2 2

94 0 69 29 46 42 46 44 43 79 127 139 217 189 502

$350,000 $0 $475,000 $581,667 $660,167 $734,795 $852,338 $942,333 $1,254,561 $1,709,085 $2,198,587 $2,685,618 $3,492,250 $4,275,000 $6,150,000

$337,500 $0 $495,000 $557,667 $654,617 $732,491 $886,920 $951,600 $1,239,697 $1,732,812 $2,344,750 $2,897,000 $3,709,400 $4,475,000 $7,000,000

104 0 96 105 101 100 98 100 102 99 95 93 94 96 89

$337,500 $0 $495,000 $557,667 $671,408 $739,264 $905,993 $976,711 $1,267,262 $1,799,217 $2,489,417 $2,966,091 $4,016,000 $4,500,000 $8,050,000

104 0 96 105 99 100 96 98 101 96 90 91 88 95 78

179

80

$1,544,481

$1,595,774

99

$1,664,584

97

Source: MLSPIN, as of 01/30/2014

SERVICE@DWELL360.Com | 617-299-1854


Brookline Statistics Condominiums Average Sale Price - Number of Bedrooms - 2013

0 Bed 1 Bed 2 Bed 3 Bed 4 Bed 5-6 Bed

Range $205,000 - $325,537 $240,000 - $635,000 $252,000 - $1,350,000 $435,000 - $2,200,000 $460,000 - $2,100,000 $1,055,000 - $1,600,000

Number of Listing Sold 7 128 225 132 44 4

Days on the Market 32 22 24 32 26 25

Average Sale Price $ 251,263 $ 393,935 $ 574,849 $ 813,955 $ 1,164,011 $ 1,297,500

Historical Average Sale Price - Past 10 Years % Change

Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

7.299% -7.916% -0.937% 1.708% 4.322% -1.599% 6.896% 2.359% 11.169%

Number of Listing Sold 782 667 625 664 514 506 493 473 559 540

Days on the Market 89 91 86 91 93 79 74 75 60 26

Average Sale Price $ 514,522 $ 552,076 $ 508,373 $ 503,609 $ 512,209 $ 534,349 $ 525,805 $ 562,063 $ 575,321 $ 639,578 $639,578

$514,522

2004

$552,076

2005

$534,349 $525,805 $508,373 $503,609 $512,209

2006

Source: MLSPIN, as of 02/10/2014

2007

2008

2009

2010

$562,063 $575,321

2011

2012

2013


Market statistics

Total Sold - Brookline, MA Condominiums, 1/1/2013 - 12/31/2013

Price Range $200,000 - $249,999 $250,000 - $299,999 $300,000 - $349,999 $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999

Total Properties

# of

Avg. Days

Average

Average

SP:LP

Average

SP:OP

Listings

on Market

Sale Price

List Price

Ratio

Orig Price

Ratio

5 23 15 54 70 45 102 60 47 34 24 48 11 2

49 35 16 24 22 37 17 27 25 19 43 28 49 122

$224,881 $277,526 $326,349 $373,733 $422,786 $473,271 $547,902 $641,803 $744,859 $846,859 $960,195 $1,208,222 $1,669,136 $2,150,000

$224,580 $279,283 $321,820 $367,295 $414,623 $470,050 $532,982 $628,815 $729,472 $830,671 $936,792 $1,197,215 $1,673,364 $2,412,000

100 100 102 102 102 101 103 102 102 102 103 101 100 89

$234,580 $286,278 $322,153 $370,211 $418,796 $476,787 $531,708 $633,465 $733,070 $830,874 $962,417 $1,197,490 $1,710,264 $2,412,000

97 98 101 101 101 100 104 102 102 102 101 102 98 89

540

26

$639,578

$629,972

102

$634,283

101

Source: MLSPIN, as of 02/10/2014

SERVICE@DWELL360.Com | 617-299-1854


Brookline Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2013

2 Units 3 Units 4-5 Units 6+ Units

Range $613,000 - $1,535,000 $850,000 - $1,850,000 $1,850,000 - $2,350,000 $1,520,000 - $4,200,000

Number of Listing Sold 15 8 2 3

Days on the Market 37 23 53 8

$ $ $ $

Average Sale Price 1,197,967 1,307,822 2,100,000 2,606,667

Historical Average Sale Price - Past 10 Years Number of Listing Sold 23 27 21 28 24 18 20 25 25 28

% Change

Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

31.641% -21.423% 25.732% -28.946% 7.509% 24.215% -13.487% 10.229% 25.316%

Days on the Market 43 30 60 90 74 85 56 90 48 31

$ $ $ $ $ $ $ $ $ $

Average Sale Price 979,613 1,289,570 1,013,310 1,274,054 905,269 973,250 1,208,925 1,045,873 1,152,856 1,444,717 $1,444,717

$1,289,570

$1,013,310

$979,613

2004

$1,274,054

2005

2006

Source: MLSPIN, as of 02/10/2014

$905,269

2007

2008

$973,250

2009

$1,208,925 $1,152,856 $1,045,873

2010

2011

2012


Market statistics

Total Sold - Brookline, MA Multifamily Homes, 1/1/2013 - 12/31/2013

# of

Avg. Days

Average

Average

SP:LP

Average

SP:OP

Price Range $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999 $2,500,000 - $2,999,999

Listings

on Market

Sale Price

List Price

Ratio

Orig Price

Ratio

1 0 2 5 9 8 2 0

24 0 204 9 24 14 28 0

$613,000 $0 $862,500 $940,815 $1,303,889 $1,628,125 $2,225,000 $0

$675,000 $0 $962,000 $902,600 $1,248,333 $1,498,750 $2,175,000 $0

91 0 90 105 105 109 103 0

$675,000 $0 $962,000 $902,600 $1,248,333 $1,498,750 $2,175,000 $0

91 0 90 105 105 109 103 0

$3,000,000 - $3,999,999 $4,000,000 - $4,999,999

0 1

0 11

$0 $4,200,000

$0 $4,200,000

0 100

$0 $1,060,000

0 396

Total Properties

28

31

$1,444,717

$1,388,821

104

$1,276,679

115

Source: MLSPIN, as of 02/10/2014

SERVICE@DWELL360.Com | 617-299-1854


Trust. Knowledge. Experience.

www.Dwell360.com Service@Dwell360.com 617-299-1854

You want an agent who cares – We are experienced real estate agents who use professional marketing tools. We have neighborhood insight and are current with local market conditions. We know the inventory, have opinions about each property, are confident negotiators, and care about our clients – because buying and selling a home is a big deal! Dwell360 46 Austin Street Suite 302 Newton, MA 02460


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