Brookline Real Estate Market Data - Dwell360

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Single Family, Condominium, and Multifamily Homes Year End 2014 Brookline, Massachusetts Market Report

description

Dwell360 has published this report on the residential real estate market statistics for 2014, 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, and 2005 for Brookline, Massachusetts. The market statistics include residential sales averages for single family, condominium, and multifamily homes. Review the information presented by the Massachusetts boutique real estate brokerage Dwell360 based in Newton.

Transcript of Brookline Real Estate Market Data - Dwell360

Page 1: Brookline Real Estate Market Data - Dwell360

Single Family, Condominium, and Multifamily Homes

Year End 2014

Brookline, Massachusetts

Market Repor t

Page 2: Brookline Real Estate Market Data - Dwell360

Range

Number of

Listing Sold

Days on

the Market

Average

Sale Price

2 Bed $399,999 - $840,000 5 44 540,000$

3 Bed $560,000 - $2,500,000 39 44 942,564$

4 Bed $740,000 - $4,500,000 38 69 1,553,400$

5 Bed $1,000,000 - $3,950,000 40 81 2,083,161$

6 Bed $1,500,000 - $5,988,000 36 101 2,617,819$

7 Bed $1,760,000 - $3,810,000 8 242 2,660,313$

8+ Bed $1,599,000 - $3,400,000 3 212 2,483,000$

Year % Change

Number of

Listing Sold

Days on

the Market

Average

Sale Price

2005 144 85 1,446,745$

2006 -10.961% 159 129 1,288,169$

2007 11.187% 187 140 1,432,278$

2008 -7.462% 124 105 1,325,407$

2009 -0.718% 125 106 1,315,895$

2010 4.177% 136 96 1,370,863$

2011 2.914% 160 125 1,410,810$

2012 5.546% 172 101 1,489,053$

2013 3.722% 179 80 1,544,481$

2014 16.770% 169 83 1,803,483$

Source: MLSPIN, as of 01/14/2015

Brookline Statistics

Average Sale Price - Number of Bedrooms - 2014

Historical Average Sale Price - Past 10 Years

Single Family Homes

$1,446,745

$1,288,169

$1,432,278 $1,325,407 $1,315,895

$1,370,863 $1,410,810 $1,489,053

$1,544,481

$1,803,483

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 3: Brookline Real Estate Market Data - Dwell360

Market stat ist ics

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Single Family, 1/1/2014 - 12/31/2014

# of Avg. Days Average Average SP:LP Average SP:OP

Listings

on

Market Sale Price List Price Ratio Orig Price Ratio

$350,000 - $399,999 1 4 $399,999 $399,000 100 $399,000 100

$400,000 - $449,999 1 79 $445,000 $450,000 99 $499,000 89

$450,000 - $499,999 1 10 $485,000 $480,000 101 $480,000 101

$500,000 - $599,999 2 78 $545,000 $538,500 102 $538,500 102

$600,000 - $699,999 6 53 $647,250 $629,333 103 $642,667 101

$700,000 - $799,999 11 25 $732,182 $744,445 99 $744,445 99

$800,000 - $899,999 9 21 $841,835 $787,989 108 $787,989 108

$900,000 - $999,999 7 44 $938,571 $974,555 97 $987,555 96

$1,000,000 - $1,499,999 35 63 $1,250,679 $1,197,754 105 $1,233,554 103

$1,500,000 - $1,999,999 42 65 $1,700,818 $1,704,286 100 $1,765,381 97

$2,000,000 - $2,499,999 17 132 $2,253,147 $2,323,935 97 $2,422,171 94

$2,500,000 - $2,999,999 19 111 $2,765,132 $2,821,210 99 $2,978,158 95

$3,000,000 - $3,999,999 12 153 $3,385,208 $3,582,750 95 $3,789,833 90

$4,000,000 - $4,999,999 3 470 $4,458,333 $4,665,000 96 $5,081,667 88

$5,000,000 - $9,999,999 3 28 $5,412,667 $5,766,333 94 $5,766,333 94

Total Properties 169 83 $1,803,483 $1,829,485 101 $1,903,012 98

Source: MLSPIN, as of 01/14/2015

Price Range

Total Sold - Brookline, MA

Page 4: Brookline Real Estate Market Data - Dwell360

Range

Number of

Listing Sold

Days on

the Market

Average

Sale Price

0 Bed $220,000 - $347,995 7 36 286,285$

1 Bed $140,000 - $778,756 84 30 416,548$

2 Bed $247,500 - $2,600,000 233 34 636,955$

3 Bed $415,300 - $2,200,000 117 40 973,340$

4 Bed $680,000 - $1,859,000 43 37 1,221,669$

5-6 Bed $566,000 - $2,000,000 11 98 1,490,545$

Year % Change

Number of

Listing Sold

Days on

the Market

Average

Sale Price

2005 667 91 552,076$

2006 -7.916% 625 86 508,373$

2007 -0.937% 664 91 503,609$

2008 1.708% 514 93 512,209$

2009 4.322% 506 79 534,349$

2010 -1.599% 493 74 525,805$

2011 6.896% 473 75 562,063$

2012 2.359% 559 60 575,321$

2013 11.169% 540 26 639,578$

2014 16.306% 495 36 743,865$

Source: MLSPIN, as of 01/14/2015

Brookline StatisticsCondominiums

Average Sale Price - Number of Bedrooms - 2014

Historical Average Sale Price - Past 10 Years

$552,076 $508,373 $503,609 $512,209 $534,349 $525,805

$562,063 $575,321 $639,578

$743,865

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 5: Brookline Real Estate Market Data - Dwell360

Market stat ist ics

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Condominiums, 1/1/2014 - 12/31/2014

# of Avg. Days Average Average SP:LP Average SP:OP

Listings

on

Market Sale Price List Price Ratio Orig Price Ratio

$100,000 - $149,999 1 27 $140,000 $159,900 88 $159,900 88

$150,000 - $199,999 1 27 $186,000 $189,000 98 $196,000 95

$200,000 - $249,999 3 41 $237,500 $245,967 97 $252,667 94

$250,000 - $299,999 7 29 $277,786 $286,571 97 $289,271 96

$300,000 - $349,999 16 34 $329,968 $331,937 100 $339,375 98

$350,000 - $399,999 30 36 $378,383 $376,833 101 $379,337 100

$400,000 - $449,999 46 30 $423,724 $414,648 102 $418,257 102

$450,000 - $499,999 35 34 $473,929 $461,300 103 $465,326 102

$500,000 - $599,999 81 23 $548,815 $531,785 104 $532,859 103

$600,000 - $699,999 59 27 $645,286 $613,769 105 $614,888 105

$700,000 - $799,999 52 26 $746,965 $724,073 104 $730,285 103

$800,000 - $899,999 42 34 $843,831 $823,252 103 $823,014 103

$900,000 - $999,999 26 42 $942,154 $930,381 102 $942,112 101

$1,000,000 - $1,499,999 63 60 $1,174,815 $1,160,716 102 $1,204,224 99

$1,500,000 - $1,999,999 28 70 $1,647,679 $1,646,154 100 $1,689,696 98

$2,000,000 - $2,499,999 4 96 $2,116,750 $2,028,000 105 $2,065,500 103

$2,500,000 - $2,999,999 1 51 $2,600,000 $2,750,000 95 $2,750,000 95

Total Properties 495 36 $743,865 $728,713 103 $739,679 102

Source: MLSPIN, as of 01/14/2015

Total Sold - Brookline, MA

Price Range

Page 6: Brookline Real Estate Market Data - Dwell360

Range

Number of

Listing Sold

Days on

the Market

Average

Sale Price

2 Units $703,500 - $2,100,000 10 36 1,361,350$

3 Units $1,360,000 - $2,350,000 6 16 1,698,333$

4+ Units $1,430,000 - $2,000,000 3 61 1,770,000$

Year % Change

Number of

Listing Sold

Days on

the Market

Average

Sale Price

2005 27 30 1,289,570$

2006 -21.423% 21 60 1,013,310$

2007 25.732% 28 90 1,274,054$

2008 -28.946% 24 74 905,269$

2009 7.509% 18 85 973,250$

2010 24.215% 20 56 1,208,925$

2011 -13.487% 25 90 1,045,873$

2012 10.229% 25 48 1,152,856$

2013 25.316% 28 31 1,444,717$

2014 6.062% 19 34 1,532,289$

Source: MLSPIN, as of 01/14/2015

Brookline StatisticsMultifamily Homes

Average Sale Price - Number of Units in Building - 2014

Historical Average Sale Price - Past 10 Years

$1,289,570

$1,013,310

$1,274,054

$905,269 $973,250

$1,208,925

$1,045,873 $1,152,856

$1,444,717 $1,532,289

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 7: Brookline Real Estate Market Data - Dwell360

Market stat ist ics

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Multifamily Homes, 1/1/2014 - 12/31/2014

# of Avg. Days Average Average SP:LP Average SP:OP

Listings

on

Market Sale Price List Price Ratio Orig Price Ratio

$700,000 - $799,999 1 73 $703,500 $739,000 95 $799,000 88

$800,000 - $899,999 1 178 $835,000 $939,000 89 $997,000 84

$900,000 - $999,999 0 0 $0 $0 0 $0 0

$1,000,000 - $1,499,999 8 23 $1,326,250 $1,303,625 102 $1,116,750 18125090

$1,500,000 - $1,999,999 6 23 $1,752,500 $1,731,333 102 $1,731,500 102

$2,000,000 - $2,499,999 3 25 $2,150,000 $1,861,333 117 $1,861,333 117

Total Properties 19 34 $1,532,289 $1,477,842 103 $1,405,421 7631677

Source: MLSPIN, as of 01/14/2015

Total Sold - Brookline, MA

Price Range

Page 8: Brookline Real Estate Market Data - Dwell360

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