September 25, 2007

Housing Prices Holding Steady in Brookline?

Is it just my imagination, or are Brookline housing prices holding steadier than you might imagine in this shaky market? Until recently, I had been looking to buy a 2 bedroom condo of more than 1000 square feet in Brookline. Two years ago, I could barely find anything decent for less than $500,000. These days, I can find stuff for, well, a little bit less than $500,000 — but not by much. Brookline’s prices have dropped, but not shockingly so. Whether prices will continue to remain steady is anyone’s guess, but my bet is yes: Brookline’s great school system, proximity to Boston, and urban, walkable feel combined with tree-lined streets and well-kept, safe parks is going to mean that housing slump or not, prices remain high.

If I were still out shopping for a two-bed condo for under $500K (better yet $450K) here are a few I would take a look at:

33 Kent Street, No. 8, 1180 sq.ft.

1496 Beacon Street, No. 5 — $415K, 1075 sq. ft.

138 Fuller, No. 2 — $399K, 1000 sq.ft.

23 Warwick Rd, No. 4 — $459K, 1,313 sq. ft.