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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.

Friday, March 14, 2008

Here comes the rush.

Wow, while I haven't been officially counting, we see this week the highest number of new properties introduced to the market in a single week since last year. 21 new condos have hit the market in the last 3 days and another 4 single family homes. The condos range from a 541 sq. ft. 1 bed for $275,000 to a 3512 sq. ft. 4 bed for $1,295,000.

This should be the first full "test" of the Brookline market this season. We've always said that as long as the available housing inventory stays low the constantly regenerating demand of the Brookline market will keep things moving at a healthy rate. Twenty condos should not throw the whole balance off, but if we have another few weeks with similar supply increases we'll need to see some price adjustments to keep the "older" properties moving.


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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.