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Market Updates

Brookline Real Estate Market Report — August 2026

Corrected September 14, 2026 after reconciling MLS PIN transaction records. Counts exclude source-retracted listings and properties outside Brookline, Massachusetts. These figures describe the report period; changes in the mix of homes sold can affect average and median prices.

By Elad Bushari
The month at a glance

August 2026 snapshot

Homes sold47-6.0% year over year
Average sale price$1,337,198Reported for August 2026
Average price / sq ft$807-0.9% year over year
Average days on market48.1Reported for August 2026
Active listings168Reported for August 2026
Months of supply3.6Reported for August 2026

Reading the market

Corrected September 14, 2026 after reconciling MLS PIN transaction records. Counts exclude source-retracted listings and properties outside Brookline, Massachusetts. These figures describe the report period; changes in the mix of homes sold can affect average and median prices.

Year-over-year comparison

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

August 2026 · Year-over-year comparison
MeasureAug 2025August 2026
Homes sold5047
Average sale price$1,576,375$1,337,198
Median sale price$1,042,500$1,140,000
Average / sq ft$814$807
Average days on market47.348.1
Median days on market38.530
Average sale / list98.4%98.4%
Sold above asking28%23.4%
Active listings180168
Months of supply3.73.6

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

Different homes, different markets

By property type

Condominiums

40 closed sales

Average price
$1,094,810
Median price
$815,000
Average / sq ft
$819
Average days on market
49.4
Active listings
119
Months of supply
3.0

Single-family homes

7 closed sales

Average price
$2,722,271
Median price
$2,394,900
Average / sq ft
$741
Average days on market
40.6
Active listings
49
Months of supply
7.1

Multifamily · separate from townwide

0 closed sales · Small sample

Average price
Median price
Average / sq ft
Median days on market
Active listings
Months of supply

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.

August 2026 · Competition & carrying costs
MeasureBrooklineCondominiumsSingle-family
Above asking23.4%22.5%28.6%
Below asking72.3%72.5%71.4%
Price reductions40.4%42.5%28.6%
Average sale / list98.4%98.7%96.8%
Median days on market303118
Median condo fee / month$515

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.

August 2026 neighborhood sales and inventory
NeighborhoodSoldMedian price$/sq ftMedian daysOver asking
Fisher Hill6$992,500$79428.50%
LongwoodSmall sample2$1,377,500$869590%
Brookline VillageSmall sample4$1,550,000$76587.525%
Coolidge Corner15$1,140,000$9042040%
Washington Square10$1,145,000$8313130%
Pill Hill7$691,000$656900%
South BrooklineSmall sample1$1,355,000$52380%
Chestnut HillSmall sample2$1,775,450$69162.550%
Explore Brookline neighborhoods →

School-area observations

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

August 2026 · School-area observations
School areaSoldMedian priceAvg / sq ftMedian daysOver asking
Runkle10$860,000$81028.510%
Lawrence8$1,026,700$8985025%
Pierce5$1,350,000$8045860%
Driscoll7$1,575,000$8632628.6%
Ridley6$931,500$90816.533.3%
Lincoln8$665,500$654820%
Baker · Small sample1$1,355,000$52380%
Hayes · Small sample2$1,775,450$69162.550%

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.

August 2026 · Rental market
MeasureReported value
Leases148
Median monthly rent$3,623
Active rental listings448
Median days on market25

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

Monthly payment illustration

Reported mortgage assumption: 6.67%; down payment: 20%.

August 2026 · Monthly payment illustration
Purchase scenarioEstimated monthly P&I
Townwide median$5,867
Condominium median$4,194
Single-family median$12,325

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

Use the property-type and neighborhood figures to frame a search, then compare individual homes by condition, size and recent comparable sales. A monthly average is not a valuation of a specific home.

Explore homes for sale →

For sellers

Start with recent comparable sales for your property type. Townwide statistics provide context; the right asking price also depends on condition, location and competing listings.

Plan your sale →

Questions about this report

Does a higher average sale price mean every home gained value?

No. The average reflects the homes that closed during the month. A different mix of property sizes and prices can change that average without showing like-for-like appreciation.

How should I read neighborhoods with very few sales?

Fewer than five closings is a small sample. Treat those figures as observations of the recorded transactions, not a reliable neighborhood trend.

Sources & methodology

MLS PIN via Bushari Market Intelligence. Reporting period: August 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.