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Market Updates

Brookline Real Estate Market Report: September 2026

Brookline real estate report for September 2026: closed sales, property prices, competition, neighborhood data and rental activity.

By Elad Bushari
The month at a glance

September 2026 snapshot

Homes sold25-44.4% year over year
Average sale price$1,724,528Reported for September 2026
Average price / sq ft$859+6.2% year over year
Average days on market80.1Reported for September 2026
Active listings218Reported for September 2026
Months of supply8.7Reported for September 2026

Reading the market

September 2026 included 25 closed residential sales: 8 single-family and 17 condominium. 2 multifamily transactions and 125 rental leases were tracked separately and are not part of the townwide residential count. The residential median sale price was $1,275,000, compared with an average of $1,724,528. When reviewing average and median sale prices, the mix of property types closed in any given period shapes those figures as much as broader conditions do. A month heavy with condominiums will produce different averages than one dominated by single-family homes, even if individual values within each category are unchanged. Because Brookline tracks multifamily and rental properties separately from residential totals, the residential figures reflect a specific subset of activity. Comparing months without accounting for that composition can be misleading, so understanding what types of homes are included matters before drawing any conclusions.

Year-over-year comparison

Compare the same calendar month. Averages and medians describe different aspects of the transactions.

September 2026 · Year-over-year comparison
MeasureSep 2025September 2026
Homes sold4525
Average sale price$1,526,667$1,724,528
Median sale price$1,117,500$1,275,000
Average / sq ft$809$859
Average days on market50.380.1
Median days on market3471
Average sale / list98.4%96.5%
Sold above asking26.7%12%
Active listings226218
Months of supply5.08.7

Counts accompany price observations. Small samples and property mix limit like-for-like conclusions.

Different homes, different markets

By property type

Condominiums

17 closed sales

Average price
$1,231,482
Median price
$1,040,000
Average / sq ft
$903
Average days on market
61.9
Active listings
159
Months of supply
9.4

Single-family homes

8 closed sales

Average price
$2,772,250
Median price
$2,537,500
Average / sq ft
$765
Average days on market
118.8
Active listings
59
Months of supply
7.4

Multifamily · separate from townwide

2 closed sales · Small sample

Average price
$3,012,500
Median price
$3,012,500
Average / sq ft
$724
Average days on market
99.5
Active listings
16
Months of supply
8.0

Too few closings to draw a reliable price trend from this month alone.

Competition & carrying costs

Compare property types without blending their price or fee profiles.

September 2026 · Competition & carrying costs
MeasureBrooklineCondominiumsSingle-family
Above asking12%11.8%12.5%
Below asking84%82.4%87.5%
Price reductions52%52.9%50%
Average sale / list96.5%97.5%94.1%
Median days on market716483
Median condo fee / month—$776—

A sale-to-list ratio is an aggregate observation, not a recommended offer or a measure of seller concessions.

A closer look at Brookline

Neighborhood snapshot

Fewer than five sales is a small sample. A dash means no reported value, not a zero-dollar price.

September 2026 neighborhood sales and inventory
NeighborhoodSoldMedian price$/sq ftMedian daysOver asking
Brookline VillageSmall sample2$1,437,500$1,14078.50%
Coolidge Corner7$835,000$8532328.6%
Washington Square5$2,500,000$9516420%
Fisher HillSmall sample2$700,000$791520%
LongwoodSmall sample1$682,000$802790%
Pill HillSmall sample2$1,146,600$733970%
South BrooklineSmall sample4$1,895,000$621650%
Cottage FarmSmall sample1$4,650,000$1,3064760%
Chestnut HillSmall sample1$3,335,000$8171220%
Explore Brookline neighborhoods →

School-area observations

Market observations grouped by the source packet’s school-area labels.

September 2026 · School-area observations
School areaSoldMedian priceAvg / sq ftMedian daysOver asking
Pierce · Small sample3$1,600,000$1,3421833.3%
Ridley · Small sample3$550,000$9512333.3%
Driscoll · Small sample4$2,037,500$717760%
Lincoln · Small sample3$1,193,200$810850%
Runkle · Small sample2$700,000$791520%
Lawrence5$835,000$8817920%
Baker5$1,940,000$660850%

These are housing statistics, not school-quality rankings. Verify school assignment for a specific address with the district. Fewer than five sales is a small sample.

Rental market

Rental leases are tracked separately from home sales.

September 2026 · Rental market
MeasureReported value
Leases125
Median monthly rent$3,400
Active rental listings434
Median days on market23

Historical inventory is the report’s snapshot, not currently available rental listings.

Monthly payment illustration

Reported mortgage assumption: 6.86%; down payment: 20%.

September 2026 · Monthly payment illustration
Purchase scenarioEstimated monthly P&I
Townwide median$6,690
Condominium median$5,457
Single-family median$13,315

Illustrative principal and interest only; excludes taxes, insurance, condo fees and other costs. Not a current rate quote.

From numbers to decisions

What this means for you

For buyers

A monthly report captures only what closed during that particular period, so availability and pricing you encounter while actively searching may differ from what the report describes. To make meaningful comparisons, focus on homes that closely match your target in type, size, condition, and location rather than relying on overall averages. Always check current active listings and recent closings separately, since the market you are shopping in today is distinct from the one reflected in a report compiled from an earlier snapshot. Working through the details of comparable homes gives you a more grounded basis for evaluating any specific property.

Explore homes for sale →

For sellers

Setting an asking price is most reliably grounded in closed sales of genuinely comparable properties, accounting for differences in size, condition, layout, lot, and specific location. Direct competition from currently active listings also matters, because buyers are making choices among available options simultaneously. Property differences can explain a wide range of outcomes between otherwise similar homes, and those differences deserve careful consideration before drawing conclusions. Days on market and any variation between list and sale price reflect many property-specific factors and should not be used in isolation to infer anything about pricing strategy or seller circumstances.

Plan your sale →

Questions about this report

Which dates and property types does this report cover?

The reporting window is 2026-09-01 through 2026-10-01 (end exclusive). Data was extracted 2026-10-02. Residential totals include single-family and condominium closed sales. Multifamily transactions and rental leases are separate.

How many Brookline homes sold during the month?

25 residential sales closed: 8 single-family homes and 17 condominiums. Multifamily sales, tracked separately, totaled 2.

What were the median and average sale prices?

The residential median sold price was $1,275,000; the average was $1,724,528. The median is the middle recorded sale; the average is the total divided by the sale count. Different homes closing can change either measure without establishing like-for-like appreciation.

How did the recorded sales compare with asking prices?

12% closed above their recorded list price and 84% below. 52% of the closed-sale cohort had a recorded price reduction. These figures do not establish seller motivation, property condition or concessions.

How long were the sold homes on the market?

Median days on market was 71; the average was 80.1. Days on market describes marketing time, not the full contract-to-closing timeline. Individual properties can differ substantially.

What do inventory and months of supply show?

The packet reports 218 active residential listings and 8.7 months of supply for its period snapshot. The measure relates inventory to the source model’s sales pace; it is not a forecast or a live list of available homes.

What does the condominium segment show?

17 condos closed at a median of $1,040,000 and an average of $1,231,482. The median monthly condo fee was $776. Fees belong to the recorded sold cohort and vary by building and unit.

How should I use neighborhood figures?

Compare the mapped area rows alongside their sale counts and property mix. Fewer than five transactions is a small sample. Unmapped sales are not assigned to an area by this report, and a neighborhood median does not value an individual property.

Do school-area figures describe school quality or assignment?

No. These are housing-market observations grouped by the source packet’s recorded area labels. They do not rank schools or guarantee enrollment. Verify assignment for a particular address with Public Schools of Brookline.

What happened in the rental market?

125 rental leases were recorded, with a median monthly rent of $3,400 and an average of $3,812. Rental leases and rents are excluded from the residential home-sale totals.

How can a seller use this report?

Use the property-type, competition and neighborhood data to frame questions about recent comparable sales. Compare a specific home’s size, condition and direct competition. The report is market context, not an appraisal, a recommended asking price or a prediction of the outcome.

Sources & methodology

MLS PIN via Bushari Market Intelligence. Reporting period: September 2026. Townwide residential = single-family + condominium closed sales only. Multifamily and rentals are tracked separately and are NEVER included in townwide totals.

This is a dated market snapshot. Prices describe completed transactions, not the value of every home. Small samples and the mix of homes sold can affect averages. Inventory and supply figures reflect the report’s historical snapshot.