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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 21, 2008

They're still selling

Last week I commented on the influx of new property on the market in Brookline. The best news is we haven't seen as much come on this week and we have an incredibly high number of under agreement properties. This week we already see 14 "UAG" condos which is a very nice response to the 21 that were added to the marketplace a week ago. In addition there are 11 properties with price changes and only 9 new listings.

The low number of new listings might be a result of the Easter Holiday weekend, but the high number of under agreements in a week that started with so much financial unrest is an impressive number. Personally, I was involved in a six offer situation on a single property which according to the Boston Globe, shouldn't be happening in this market.

The negative media persists, as we have to assume they will. Median prices are a sign of what happened 1-3 months ago, these numbers are what's happening now.

I am off for Good Friday and Easter, but hope to have more on Monday.


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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.