Welcome to The Griffin Real Estate Market Update, I’m Danny Griffin.
If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends.
According to MLSPIN, the marketplace for Brookline, MA properties, here’s what happened in Q1 2023 vs Q1 2024:
Boston
Average Sales Price
Q1 2023 – $1404004.11
Q1 2024 – $1565504.66
increased by 12%
Average Days On Market
Q1 2023 – 54
Q1 2024 – 52
decreased by 4%
Average Sale Price Per Square Foot
Q1 2023 – $748.989391744085
Q1 2024 – $793.492483986771
increased by 6%
Median Sales Price
Q1 2023 – $905000
Q1 2024 – $1215000
increased by 34%
Number of Sold Listings
Q1 2023 – 73
Q1 2024 – 71
decreased by 3%
Months Supply of Inventory
Q1 2023 – 1.67
Q1 2024 – 2.09
increased by 25%
Mortgage Rate
Q1 2023 – 7.01%
Q1 2024 – 6.48%
8% increased
Top 10 Sales
- $8000000 280 Dudley Street Brookline, MA
- $5700000 216 Tappan Street Brookline, MA
- $4100000 7 Hawes St Brookline, MA
- $4100000 11 Laurel Rd Brookline, MA
- $3440000 50-52 Davis Ave #50 Brookline, MA
- $3300000 41 University Road #1 Brookline, MA
- $2865000 31 Gorham Ave #31 Brookline, MA
- $2850000 120 Codman Road Brookline, MA
- $2739000 120 Seaver St #B104 Brookline, MA
- $2500000 55 Park Street #PH 4A Brookline, MA
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