5 Year Market Report Spring 2024

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The 2024 Brookline & Newton Market Report

Newton | Five Year Market Summary

Brookline | Five Year Market Summary
SINGLE-FAMILY HOUSES 2020 2021 2022 2023 2024 # Sales 23 24 20 10 15 Median Sales Price $2,090,000 $1,807,500 $2,500,000 $2,875,000 $2,350,000 Average Days to Offer 84 47 31 39 56 Inventory as of April 1 each year 32 20 18 31 30 SINGLE-FAMILY HOUSES 2020 2021 2022 2023 2024 # Sales 90 113 79 58 65 Median Sales Price $1,245,000 $1,425,000 $1,530,000 $1,460,000 $2,000,000 Average Days to Offer 48 43 31 30 45 Inventory as of April 1 each year 87 59 48 76 83 Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period January 1, 2020 through April 1, 2024. Data are deemed reliable.

Brookline | Five Year Market Summary

Newton | Five Year Market Summary

CONDOMINIUMS 2020 2021 2022 2023 2024 # Sales 61 98 92 63 57 Median Sales Price $892,000 $792,000 $975,177 $806,000 $1,000,000 Average Days to Offer 44 60 36 49 42 Median Price per Square Foot $725 $688 $766 $745 $739 Inventory as of April 1 each year 42 64 50 61 63 CONDOMINIUMS 2020 2021 2022 2023 2024 # Sales 61 98 92 63 57 Median Sales Price $892,000 $792,000 $975,177 $806,000 $1,000,000 Average Days to Offer 44 60 36 49 42 Median Price per Square Foot $725 $688 $766 $745 $739 Inventory as of April 1 each year 42 64 50 61 63 Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period January 1, 2020 through April 1, 2024. Data are deemed reliable.

Brookline | Five Year Market Summary

Newton | Five Year Market Summary

MULTI-FAMILY HOUSES 2020 2021 2022 2023 2024 # Sales 3 6 2 6 7 Median Sales Price $2,225,000 $1,905,000 $2,697,500 $2,525,000 $2,300,00 Average Days to Offer 132 61 54 10 41 Inventory as of April 1 each year 2 9 5 5 5 MULTI-FAMILY HOUSES 2020 2021 2022 2023 2024 # Sales 13 16 10 9 9 Median Sales Price $1,160,000 $1,094,500 $1,119,000 $1,475,000 $1,300,000 Average Days to Offer 53 37 18 41 23 Inventory as of April 1 each year 10 7 5 16 4 Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period January 1, 2020 through April 1, 2024. Data are deemed reliable.

Brookline & Newton Market Leader

Founded in 1991, the Chestnut Hill office of Hammond Residential has established itself as the top-producing real estate office, by dollar sales volume, in the Brookline and Newton market based on MLS data.

Through high-level service to our seller and buyer clients, superlative marketing, unmatched community involvement, and the finest agents in the industry, we have maintained the #1 office status for an unprecedented 29 years. And we’re not done yet . . .

Source: MLS PIN closed sales, 1/1/95-3/31/24 for Brookline and Newton combined.

Brookline

Top 10 Highest-Priced Closed Single-Family Sales Newton Top 10 Highest-Priced Closed Single-Family Sales ADDRESS TOWN LIST PRICE SALE PRICE 280 Dudley Street Brookline $8,990,000 $8,000,000 216 Tappan Street Brookline $5,650,000 $5,700,000 7 Hawes Street Brookline $3,995,000 $4,100,000 11 Laurel Road Brookline $4,300,000 $4,100,000 120 Codman Road Brookline $3,095,000 $2,800,000 47 Arlington Road Brookline $2,395,000 $2,400,000 72 Salisbury Road Brookline $2,395,000 $2,358,000 823 Newton Street Brookline $2,599,000 $2,350,000 518 Newton Street Brookline $1,999,000 $1,999,000 14 Wolcott Road Brookline $2,098,000 $1,935,000 ADDRESS TOWN LIST PRICE SALE PRICE 275 Brookline Street Newton $8,000,000 $7,100,000 85 Baldpate Hill Road Newton $6,995,000 $6,995,000 18 Bonnybrook Road Newton $6,750,000 $6,500,000 60 Howland Road Newton $6,200,000 $5,900,000 74 Rachel Road Newton $5,490,000 $5,250,000 7 Stonewood Drive Newton $4,875,000 $4,810,000 315 Waverley Avenue Newton $5,180,000 $4,424,200 16 Scotney Road Newton $4,448,000 $4,250,000 12 Owaisa Road Newton $4,238,000 $4,100,000 66 Montrose Street Newton $4,500,000 $4,050,000 Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period January 1, 2024 through April 1, 2024. Data are deemed reliable.

Brookline

Top 10 Highest-Priced Closed Condominium Sales Newton Top 10 Highest-Priced Closed Condominium Sales ADDRESS TOWN LIST PRICE SALE PRICE 50-52 Davis Avenue, Unit 50 Brookline $3,495,000 $3,440,000 41 University Road, Unit 1 Brookline $3,300,000 $3,300,000 31 Gorham Avenue, Unit 31 Brookline $2,998,000 $2,865,000 120 Seaver Street, Unit B104 Brookline $2,899,000 $2,739,000 55 Park Street, Unit PH4A Brookline $2,550,000 $2,500,000 33 Summit Avenue, Unit 33 Brookline $2,469,000 $2,459,000 45 Stearns Road, Unit A Brookline $1,995,000 $1,995,000 148 Mason Terrace, Unit 2 Brookline $1,895,000 $1,885,000 30 Naples Road, Unit 1 Brookline $1,925,000 $1,828,800 46 Gardner Road, Unit 2 Brookline $1,799,000 $1,721,000 ADDRESS TOWN LIST PRICE SALE PRICE 359 Linwood Avenue, Unit 359 Newton $2,495,000 $2,450,000 413 Dedham Street, Unit A Newton $2,250,000 $2,263,000 287 Langley Road, Unit 46 Newton $2,200,000 $2,200,000 50 Highland Avenue, Unit 4 Newton $2,228,000 $2,198,000 12 Coyne Road, Unit A Newton $2,199,000 $2,125,000 19 Marlboro Street, Unit 19 Newton $2,100,000 $2,100,000 152 Crafts Street, Unit 152 Newton $2,099,000 $2,099,000 57 Louise Road, Unit 57 Newton $1,948,000 $1,925,000 109 Florence Street, Unit 109 Newton $2,199,000 $1,920,000 18 Josselyn Place, Unit 18 Newton $1,888,000 $,1870,000 Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period January 1, 2024 through April 1, 2024. Data are deemed reliable.

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