Is Brewster, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Brewster has remained a Seller's Market.
Housing Prices in Brewster, MA
How much do homes in Brewster, MA cost?
Median Sold Price
$707,500
$477/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Brewster was $707,500 in May 2024, up 5.6% from last year, and the median price per square foot was $477.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $280K | $290K | +3.6% |
2 Bedrooms | $485K | $489K | +0.8% |
3 Bedrooms | $725K | $825K | +13.8% |
4 Bedrooms | $849K | $956K | +12.6% |
5+ Bedrooms | $1.1M | $1.5M | +35.9% |
Summary: Brewster housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 35.9%.
Housing Supply in Brewster, MA
How many homes are available in Brewster, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 45 | +12.5% |
Summary: The Brewster real estate market had 45 homes for sale in May 2024, a 12.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 18 | 18 | 0.0% |
3 Bedrooms | 10 | 14 | +40.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Brewster housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Brewster in May 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Brewster, MA
How long does it take to sell a home in Brewster, MA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 50 Days | +91.1% |
Summary: Homes in Brewster had an average of 50 days on market in May 2024, up by 91.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Brewster; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.