During 2019, real estate activity in Brookline saw a decrease in total sales volume but no statistical change with average sales price.
There was a 7% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Brookline during 2019. 9,022 land documents were recorded versus 8,437 during 2018.
The total volume of real estate sales in Brookline during 2019 was $1,152,773,333, a 4% decrease from 2018. However, there was no statistical change with the average sales price of homes and commercial property sold in Brookline. The average sale price was $1,579,141.
The number of mortgages recorded (1,763 on Brookline properties during 2019 was up 19% from the previous year. However, total mortgage indebtedness decreased 9% to $1,709,056,843 during the same period.
There was 1 foreclosure deed filed against a Brookline property during 2019 compared to 3 foreclosure deeds filed during 2018.
Finally, homestead activity increased 7% in Brookline during 2019 with 759 homesteads filed compared to 712 during 2018.