Brockton Real Estate Statistics

Brockton Real Estate Price Trend
Brockton real estate average sold price in the last 30 days (April 4 - May 3) was $655,000, which is $75,000 (11.5%) higher than the average price of $580,000 in the previous 30 day period (March 5 - April 3), and $140,000 (21.4%) down from the same period 1 year ago ($795,000). Brockton real estate prices over the last 30 days are also $131,184 (20.0%) higher than the average selling price of $523,816 over the past year.
Brockton average sold price for homes was $655,000 in the last 30 days (April 4 - May 3), which is $75,000 (11.5%) up from the average home price of $580,000 in the previous 30 day period (March 5 - April 3), and $140,000 (21.4%) lower than the same period 1 year ago ($795,000). In the last 30 days Brockton the average home price was $131,184 (20.0%) higher than the average selling price of $523,816 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Brockton real estate was $655,000 in the last 30 days (April 4 - May 3), which is collectively $7,450 (0.9%) lower than the average asking price of $800,740. This represents an increase of $32,450 (81.3%) compared to $39,900 (6.8%) Sold-Under-Asking price from the previous 30 day period (March 5 - April 3).
The maximum Sold Over/Under Asking ratio in Brockton during the last 12 months was recorded in October, 2023 with an average of $0 over the asking price, while the minimum occurring in March, 2024 with $39,900 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Brockton was 40.0% with 2 properties sold and 1 new properties listed in the past 30 days (April 4 - May 3). This represents a decrease from 100.0% recorded during the previous 30 day period (March 5 - April 3), and an increase from 16.7% compared to the same period one year ago.
Over the the last year the highest SNLR in Brockton was 600.0% recorded in February and the lowest was in September at 0.0%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 2 properties that were successfully sold in Brockton in the last 30 days (April 4 - May 3) was 86 days, which is 27 days less than 113 days average in the previous 30 day period (March 5 - April 3) and 149 days shorter than during the same period a year ago (235 days).
There were 2 delisted properties in Brockton, those that got either Expired, Suspended or Terminated over the last 30 days (April 4 - May 3) with an average of 74 days on the market. This is 74 days longer than the average of 0 days during the previous 30 day period (March 5 - April 3) and 62 days less compared to the same period last year average of 136 days on the market.
2 Brockton properties that didn't sell stayed on the market 14.0% longer than 2 that sucessfully sold over the last 30 days - 86 days when sold vs 74 days when delisted respectively.
Average Days on the Market in Brockton over the past 12 months for properties that have sold was 72.3 days, with 78.8 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
5 new properties were listed on the market in Brockton in the last 30 days (April 4 - May 3). During the same time 2 properties were sold and 2 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 1 properties (or 20.0%).
During the previous 30 day period (March 5 - April 3) there were 1 new properties listed, 1 sold and 0 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 10 new properties listed, the slowest - September with 0 new listings and a yearly average of 3 new listings per month.
New Real Estate Listings by Property Type
There were a total of 5 homes listed during the last 30 days (April 4 - May 3), which is 100.0% of all properties listed in Brockton. This is a 400.0% increase compared with a previous 30 day period (March 5 - April 3) and 16.7% down from the same period a year ago. Over the past year an average of 3 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 2 homes sold during the last 30 days (April 4 - May 3), which is 100.0% of all properties sold in Brockton. This is a 100.0% increase compared with a previous 30 day period (March 5 - April 3) and 100.0% up from the same period a year ago. Over the past year an average of 2 homes are were sold per month.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1281947861