June is a big month in real estate! The Brookline MA condominium market has been very tight with low inventory and rising prices. But how has it changed in the past two years over all? Take a look at this presentation to learn some of the basic facts about condo sales in Brookline MA, and how it has changed since 2012. Statistics are gathered through MLSPIN. If you have any questions do not hestitate to contact Ruth Lerner at William Raveis Real Estate & Home Services. Call 617.807.0471 or write ruth@ruthmalkinlerner.com.

1. By Ruth Lerner
Realtor, CRS, MBA
Brookline Condominium Market
Update, June 2014

2. June Stats Very Important
 June is a big closing month.
 Reflects on the Spring
market activity.
 More than 50% of the
sales for year
behind us.

3. Overall Trend
 Prices Increasing.
 Lack on inventory.
 Condos selling
well above
asking.

4. Number of Condo Sales
Month Number of Closings Percent Change from
Previous Year
June 2014 68 -11.6%
June 2013 77 -24.5%
June 2012 102
Number of sales down again in June 2014.

5. Average Price of Condos Sold
in Brookline MA
Prices reflect the tight market, increasing steadily
Month Average Price (rounded to
nearest $1,000)
Percent Change from
Previous Year
June 2014 $721,000 15%
June 2013 $627,000 8.3%
June 2012 $579,000

6. Average Sale Price to List Price Ratio
On average, condos in Brookline sold for 4% over the
asking price in June 2014
Month Sale Price: List Price
June 2014 104%
June 2013 102%
June 2012 98%

7. What Does $550,000 Buy You?
 $500,000-$599,999 is the
largest segment of the
market of Brookline
condominiums.
 What closed for $550,000
in 2012 versus 2014?

8. Sold, $550,000, June 2014
24 Hammond Pond
Parkway (Chestnut Hill)
 4 bedrooms, 3.5 baths
 Condo in a two
family house
 2383 square feet
 3 parking space

9. Sold for $550,000 June 2014
66 Marshall Street,
02446 (Coolidge Corner)
 2 bedrooms, 1 bath
 First floor condo
 983 square feet
 1 parking space
 Condo Fee $447 / month

10. What’s Ahead?
 Fall Market around the
corner.
 Expect the tight market
to continue through the
end of 2014.
 Market will likely expand
in 2015, with more condos for sale.

11. Follow The Market
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12. I Hope This Was Helpful
Do not hesitate to contact me for more information on the
Brookline condo market.
(617) 807 - 0471
Ruth.Lerner@raveis.com
RuthMalkinLerner.com