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Market Updates

Brookline Real Estate Market Report Q1 2026 — Sales, Prices, Neighborhoods & Rentals

Corrected market figures for Q1 2026, reconciled against MLS PIN records for Brookline, Massachusetts.

By Elad Bushari
The quarter at a glance

Q1 2026 snapshot

Homes sold81Single-family and condominiums
Median sale price$1,525,000Single-family and condominiums
Average / sq ft$864Single-family and condominiums
Average days on market57Single-family and condominiums
Active residential listings227Single-family and condominiums
Months of supply8.3Single-family and condominiums

Executive summary

Q1 2026 · Executive summary
MeasureReported value
Homes sold81
Median sale price$1,525,000
Average / sq ft$864
Average days on market57
Active residential listings227
Months of supply8.3

Corrected September 14, 2026 after reconciling MLS PIN transaction records. Counts exclude source-retracted listings and properties outside Brookline, Massachusetts. Figures describe the report period, not current availability.

Q1 2026 included 81 closed residential sales: 19 single-family and 62 condominium. 3 multifamily transactions and 142 rental leases were tracked separately and are not part of the townwide residential count.

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Affordability assumptions

Q1 2026 · Affordability assumptions
MeasureSource packet value
Rate assumption6.18%
Down-payment assumption20%
Rate sourceFRED/MORTGAGE30US
Residential median P&I$7,456
Single-family median P&I$11,148
Condominium median P&I$6,451
Condominium P&I plus median fee$7,149

Illustrative payments use the supplied assumptions, not a current rate quote. P&I excludes taxes, insurance and other costs. The condo fee is included only in the separately labeled row.

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Sales by property type

Q1 2026 · Sales by property type
Property typeSalesMedian priceAverage priceAverage / sq ftAverage days
Brookline residential81$1,525,000$1,821,253$86457
Single-family19$2,280,000$2,766,395$79570.6
Condominiums62$1,319,444$1,531,613$88552.9
Multifamily · separate · Small sample3$1,800,000$1,900,000$67365

Multifamily is excluded from the townwide residential total. Fewer than five sales is too small a sample for a reliable trend.

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Competition and time on market

Q1 2026 · Competition and time on market
MeasureResidentialSingle-familyCondominiums
Above asking28.4%31.6%27.4%
At asking12.3%5.3%14.5%
Below asking59.3%63.2%58.1%
With price reductions35.8%36.8%35.5%
Sold within seven days4.9%5.3%4.8%
Sold within fourteen days23.5%31.6%21%
Sold within thirty days55.6%52.6%56.5%

These are observed transaction statistics, not proof of multiple offers or seller motivation.

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Neighborhood observations

Q1 2026 · Neighborhood observations
NeighborhoodSalesMedian priceAverage / sq ftMedian daysAbove asking
Washington Square9$915,000$7574811.1%
Coolidge Corner33$1,500,000$9272427.3%
Chestnut Hill6$1,850,000$7305716.7%
Brookline Village19$1,300,000$9121742.1%
Fisher Hill6$1,675,000$79341.516.7%
Cottage Farm · Small sample2$2,013,000$87416.550%
South Brookline5$2,280,000$6991620%
Longwood · Small sample1$2,050,500$97523100%

Mapped rows account for 81 of 81 residential sales. Unmapped sales are not assigned to an area by this report.

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School-area observations

These are housing-market observations by the report’s recorded school areas, not school-quality rankings or a guarantee of assignment. Confirm an individual address with Public Schools of Brookline.

Q1 2026 · School-area observations
School areaSalesMedian priceAverage / sq ftMedian daysAbove asking
Runkle16$965,500$7923331.3%
Ridley16$1,537,500$9362318.8%
Baker9$2,050,000$7063822.2%
Driscoll11$1,725,000$828279.1%
Pierce13$1,100,000$1,0301646.2%
Lawrence7$1,350,000$9372142.9%
Lincoln6$1,045,000$80319.550%
Hayes · Small sample3$5,500,000$774480%

Mapped rows account for 81 of 81 residential sales. Unmapped sales are not assigned to an area by this report.

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Rental market

Q1 2026 · Rental market
MeasureReported value
Completed leases142
Median monthly rent$3,550
Average monthly rent$4,311
Active rentals326
Average days on market54.2

Rental leases and monthly rents are kept separate from property sales.

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Inventory and supply

Q1 2026 · Inventory and supply
Property typeActive listingsMonths of supply
Brookline residential2278.3
Single-family6910.7
Condominiums1587.5
Multifamily · separate76.9

Inventory and supply are the source packet’s period snapshot; linked listing pages may reflect later conditions.

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Reading the report as a buyer

Q1 2026 · Reading the report as a buyer
ObservationPractical use
Different property typesCompare like-for-like homes before interpreting a townwide price.
Days on market and sale/list ratiosUse these as context, not as a guaranteed negotiating outcome.
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Reading the report as a seller

Q1 2026 · Reading the report as a seller
ObservationPractical use
Closed salesStart with recent comparable properties, then account for condition and size.
Active inventoryReview direct competing listings before setting an asking price.
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Risk and watch items

Q1 2026 · Risk and watch items
TopicContext
Source cautionVery small multifamily sample (3 sales). MF data is anecdotal only.
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What to watch next

Q1 2026 · What to watch next
MeasureInterpretation
Future closingsCompare completed periods and similar property types.
Inventory and supplyReview the next report rather than extrapolating a single quarter.

No numerical forecast is asserted by this report.

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Sources and methodology

Q1 2026 · Sources and methodology
ItemDefinition
SourceMLS PIN via Bushari Market Intelligence
Residential cohortTownwide residential = single-family + condominium closed sales only. Multifamily and rentals are tracked separately and are NEVER included in townwide totals.
Reporting window2026-01-01 through 2026-04-01 (end exclusive)
Data extracted2026-09-14
Small samplesFewer than five closed sales; observations only.
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