2012 Market Summary: Brookline MA Condominiums
Real estate market data for Brookline, MA provided by Ruth Lerner, Brookline Realtor
Brookline MA Condominium Market Turnaround
If 2011 left anyone wondering if the turnaround in real estate is happening, 2012 showed it loud and clear. Brookline MA real estate is dominated by condominiums of all shapes, sizes and prices. Number of sales shot up by 18% in 2012 from 2011. The prices went up 2%. After years of declines and flat prices, this seemingly moderate increase is an important sign of a market turnaround, especially coupled with a 20% DROP in time on market.
Average days on market dropped to 60, and they are dropping fast into 2013. This is a sure sign of inventory of homes available for sale falling short of the number of buyers looking. With inventory way down, prices are under pressure and going up.
Brookline MA Condo Prices
Below find a pie chart of the Brookline condominiums sold in 2012 by price range. The condo prices range between $200,000's to the $2,000,000's. The average price of sold condos in Brookline in 2012 is $575,000.
Find Homes for Sale in Brookline MA
Visit my website to search for homes in Brookline MA of sign-up to be notified when Brookline homes come on market. With homes selling so quickly, you want to sign-up for my service, which will notify you ahead of Zillow, Trulia, etc.
To find out what your home is worth, feel free to contact me or call my cell 617-291-0323.
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