Luxury Homes

Brookline, Massachusetts, is surrounded on three sides by the city of Boston, and is the birthplace of people like John F. Kennedy, Barbara Walters and Conan O'Brien. Because of its proximity Boston, Brookline is able to respond to the modes of urban and suburban life, and has two large apartment buildings and luxury properties. Brookline account the average property values over 50% more than the rest of Massachusetts, and 120% higher than the U.S. average.

Most condos in Brookline tend to be in urban city
(Northeast), who also happens to be between Boston College and Boston
University. Urban areas are divided into neighborhoods, including:
Coolidge Corner, Brookline Village, Washington Square and Cleveland Circle
Coolidge Corner is the most desirable.

According to the MLS, the 33 apartments Brookline sold last month, have
m ranged from a garden 675 m² floor $ 237K sold "as is" at the bottom,
feet on a floor $ 2125000 square meters in 2759 a historic acres blocked 8 W / 24 hours
security, concierge, pool, gym … and the list is long, condo costs only
were almost $ 2200 per month!

Although Brookline bids above the average property values from March 17
2006, the Brookline condo market has not a great prospect. At present there
279-condos for sale in Brookline, and last month, only 33 have sold. This
Brookline gives 8.45 months supply of condos. If you are unfamiliar with
one-month supply, which means good news for buyers, bad news for sellers. This
softening trend also reflected in the statistics of other goods.

With an average price of list price of $ 573,948 and the average turnover of $ 550,265,
the vendors' prices are providing nearly $ 25k below asking. And it is important
take into account, the average price list mentioned above do not reflect $ 47k (in
average) that 14 of the 33 condos have already lowered their prices while sitting on
the market for an average of 81.75 days.

Jon Ernest is the Principle Broker of Spotlight Realty. A small, independently owned, full service residential real estate agency in Brookline, Massachusetts.

http://www.SpotlightRE.com
Brookline condos for sale

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