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Welcome to your constantly updated resource for news and views on the Brookline Real Estate market. Here you will find commentary and statistics to explain the daily changes in the Brookline specific housing market.

Whether you're looking for an estate in Cottage Farm, a condo in Brookline Village or are just stopping by please feel free to read along and comment at will. If you are interested in speaking about renting an apartment, buyer representation or listing your home please feel free to contact me.

Tuesday, December 18, 2007

Local home sales slide - The Boston Globe

Local home sales slide - Daily Business Update - The Boston Globe

Kimberly Blanton posted this today in the Globe's business section and it's already become one of the most emailed articles of the week. Here is what you absolutely need to know for Brookline.

November 2006 Condo Sales

Median Price: $457,553
Average Days on Market: 107

November 2007 Condo Sales

Median Price: $490,000
Average Days on Market: 79

I have not put single family home sales because they are skewed by the small number of properties sold this time of year. 10-15 homes is not the best tool for comparison when we have three to five times as many condos being sold in a similar period. A few things which cause the numbers in any November to be down from the rest of the year is the type of property that sells better later in the year. Many 3 bedroom+ units are bought by families who don't enjoy moving their children mid-school year. A lot of one bedroom units sell this time of year to renting professionals or the new crop of Medical Area recruits who are moving to Brookline in January. Look for live housing data graphs shortly on my website:


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The views expressed on these pages are the opinion of the author and any public contributors. They do not substitute for the advice of a legal or financial professional. These opinions are not representative of any firm or business. Please always consult an attorney, financial professional or sign a contract with a Buyer Agent or Seller's Agent for specific advice.