Is West Brookfield, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, West Brookfield has remained a Seller's Market.
Key Takeaway
West Brookfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Brookfield, MA
How much do homes in West Brookfield, MA cost?
Median Sold Price
$434,500
$238/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in West Brookfield have sold for 31.7% more than they did a month ago.
Summary: The median home sold price in West Brookfield was $434,500 in April 2024, up 31.7% from last month, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $325K | $360K | +10.8% |
| 4 Bedrooms | - | $713K | N/A |
| 5+ Bedrooms | $950K | - | N/A |
Summary: West Brookfield housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in West Brookfield, MA
How many homes are available in West Brookfield, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The West Brookfield real estate market had 16 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The West Brookfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Brookfield, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in West Brookfield in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for West Brookfield, MA
How long does it take to sell a home in West Brookfield, MA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 39 Days | +41.1% |
Summary: Homes in West Brookfield had an average of 39 days on market in Apr 2024, up by 41.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in West Brookfield are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in West Brookfield; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
