It's the start of the month, and that means that Curbed Boston's Neighborhood Watch is in full effect. Ninth up (Back Bay, Charlestown, Beacon Hill, Bay Village, South Boston, the North End, Allston and Brighton were covered earlier), a deeper look at recent real estate trends in Brookline (O.K., it's not technically a neighborhood, it's a town; but you know...). (All statistics, unless otherwise cited, courtesy of Trulia.)
Average Listing Price
Little surprise here: Brookline's average asking stood at a beefy $1,207,380 at the end of October. But! That represented a rather sharp decline from the start of the month, when it was just under $1.34 million.
Things couldn't be pricier in one of the Commonwealth's priciest communities. Brookline's median sales price was up 15.6 percent annually in September to $610,000 (the summer of 2011 represented the median's highest levels since late 2007). And it's average sales price per square foot remained virtually unchanged at $430.
Brookline home sales jumped in mid-2008 (figures—just as the Great Recession gets under way) and have not really dropped since. They were up 24.3 percent annually in September.
Please. This is Brookline. It will continue to be pricey and popular. (Though there are eight homes currently in foreclosure in the town of 59,000.)
· Charlestown Sales Jump As Prices Hold Ever So Steady [Curbed Boston]
· Back Bay Prices, Sales Up; Tom Brady Not Hurting Things [Curbed Boston]
· In Beacon Hill, Wide Gulf Between Askings and Takings [Curbed Boston]
· For Bay Village, Tiny Sales and Ginormous Price Moves [Curbed Boston]
· South Boston Home Sales Booming; Sellers Asking Less [Curbed Boston]
· North End Housing Market Heads South [Curbed Boston]
· Up In Allston! Median Sales Price Bounces 57 Percent [Curbed Boston]
· In Brighton, Titanic Price Shifts Amid Booming Sales [Curbed Boston]