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Market Updates

Brookline Real Estate Market Report — May 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

May 2026 snapshot

Homes sold63+8.6% year over year
Average sale price$1,623,183Reported for May 2026
Average price / sq ft$855+0.7% year over year
Average days on market38.9Reported for May 2026
Active listings252Reported for May 2026
Months of supply4.1Reported for May 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.

May 2026 · Year-over-year comparison
MeasureMay 2025May 2026
Homes sold5863
Average sale price$1,827,110$1,623,183
Median sale price$1,579,444$1,280,000
Average / sq ft$849$855
Average days on market29.338.9
Median days on market18.521
Average sale / list101.6%100.1%
Sold above asking53.4%38.1%
Active listings223252
Months of supply3.94.1

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

Different homes, different markets

By property type

Condominiums

50 closed sales

Average price
$1,235,290
Median price
$1,110,500
Average / sq ft
$866
Average days on market
38.4
Active listings
172
Months of supply
3.5

Single-family homes

13 closed sales

Average price
$3,115,077
Median price
$3,261,000
Average / sq ft
$813
Average days on market
40.9
Active listings
80
Months of supply
6.3

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.

May 2026 · Competition & carrying costs
MeasureBrooklineCondominiumsSingle-family
Above asking38.1%40%30.8%
Below asking41.3%38%53.8%
Price reductions22.2%22%23.1%
Average sale / list100.1%100.5%98.4%
Median days on market2120.522
Median condo fee / month—$613—

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.

May 2026 neighborhood sales and inventory
NeighborhoodSoldMedian price$/sq ftMedian daysOver asking
South BrooklineSmall sample4$1,920,000$71036.525%
Coolidge Corner21$860,000$8902028.6%
Brookline Village18$1,145,000$8702150%
Pill HillSmall sample3$1,590,000$9031433.3%
Chestnut Hill7$3,285,000$8132128.6%
Fisher HillSmall sample4$1,200,500$7944350%
Washington Square5$1,995,000$8081060%
LongwoodSmall sample1$3,750,000$1,071120%
Explore Brookline neighborhoods →

School-area observations

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

May 2026 · School-area observations
School areaSoldMedian priceAvg / sq ftMedian daysOver asking
Hayes · Small sample4$1,202,500$7952525%
Pierce12$1,204,750$9071675%
Driscoll9$2,100,000$9402055.6%
Lincoln6$995,000$77728.516.7%
Ridley10$1,772,500$87031.510%
Runkle8$1,322,500$8093225%
Lawrence9$749,000$8981433.3%
Baker5$2,150,000$6844140%

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.

May 2026 · Rental market
MeasureReported value
Leases113
Median monthly rent$3,500
Active rental listings488
Median days on market22

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

Monthly payment illustration

Reported mortgage assumption: 6.44%; down payment: 20%.

May 2026 · Monthly payment illustration
Purchase scenarioEstimated monthly P&I
Townwide median$6,432
Condominium median$5,580
Single-family median$16,387

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: May 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.