Brooks Real Estate Report 2010

In 2010 there were 176 home sales and 20 mobile home sales that went through the Brooks MLS system. This does not include any private sales. This is up from 2009 where there were 151 homes sold and 27 mobile homes.

The average price of homes dropped from 249,766 in 2009 to $241,074 in 2010. The average price slipped by 3.5%. Please note that this 3.5% reduction is in average price only and can not necessary be applied to every property. Different properties reduce or increase in value at different rates.

There were 37 sales over $300,000, 3 sales over $400,000 and one sale over half a million for 2010. In 2009 the average price for half duplexes, condo units and townhouses was $175,300, in 2010 this dropped to $154,681.

As of January 25th, 2011 there are currently 84 properties active on the MLS system for the City of Brooks. There are 105 properties active in the County of Newell. This includes Bassano, Duchess and all the small communities in the County.