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.
Click here for instant Brookline Real Estate Blog Updates!
 | Awarded Top 10% in the Nation for Consumer Satisfaction by the Internet Consumer Group |
Legal:
Brookline Real Estate Blog by Greg Kiely - The Brookline Connection is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.
Instant Brookline Real Estate News
Posts
Comments
Virtual Tours
Free MLS Search
Local Housing Data
The Brookline Connection
About Me
- The Brookline Connection
- Greg Kiely has found a special home in Brookline, and he enjoys nothing more than helping others discover the numerous advantages offered by the community. Drawing on his in-depth knowledge of the area, Greg is fully committed to making your buying or selling experience a complete success. Greg is a REALTOR at William Raveis Real Estate in Brookline and is the former listing agent for The Warwick at Coolidge Corner as well as many other properties in and around Brookline. Greg lives on Winchester Street in Coolidge Corner with his English Cream Golden Retriever Tessie.
Ads
Trulia Local Ambassador
0 comments:
Post a Comment