Brighton Real Estate Statistics

Brighton Real Estate Price Trend
Brighton real estate average sold price in the last 30 days (July 4 - August 2) was $722,543, which is $18,365 (2.5 %) higher than the average price of $704,178 in the previous 30 day period (June 4 - July 3), and $169,115 (23.4 %) up from the same period 1 year ago ($553,428). Brighton real estate prices over the last 30 days are also $75,625 (10.5 %) higher than the average selling price of $646,918 over the past year.
Brighton average sold price for homes was $722,543 in the last 30 days (July 4 - August 2), which is $18,365 (2.5 %) up from the average home price of $704,178 in the previous 30 day period (June 4 - July 3), and $169,115 (23.4 %) higher than the same period 1 year ago ($553,428). In the last 30 days Brighton the average home price was $68,085 (9.4 %) higher than the average selling price of $654,458 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Brighton real estate was $722,543 in the last 30 days (July 4 - August 2), which is collectively $10,638 (1.6 %) higher than the average asking price of $679,075. This represents a decline of $18,224 (63.1 %) compared to $28,862 (4.3 %) Sold-Over-Asking price from the previous 30 day period (June 4 - July 3).
The maximum Sold Over/Under Asking ratio in Brighton during the last 12 months was recorded in May, 2021 with an average of $74,088 over the asking price, while the minimum occurring in September, 2020 with $4,490 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 Brighton was 191.7 % with 23 properties sold and 29 new properties listed in the past 30 days (July 4 - August 2). This represents an increase from 110.3 % recorded during the previous 30 day period (June 4 - July 3), and an increase from 175.0 % compared to the same period one year ago.
Over the the last year the highest SNLR in Brighton was 850.0 % recorded in October and the lowest was in May at 86.2 %. 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 23 properties that were successfully sold in Brighton in the last 30 days (July 4 - August 2) was 27 days, which is 20 days more than 7 days average in the previous 30 day period (June 4 - July 3) and 45 days shorter than during the same period a year ago (72 days).
There were 3 delisted properties in Brighton, those that got either Expired, Suspended or Terminated over the last 30 days (July 4 - August 2) with an average of 61 days on the market. This is 37 days longer than the average of 24 days during the previous 30 day period (June 4 - July 3) and 18 days less compared to the same period last year average of 79 days on the market.
3 Brighton properties that didn't sell stayed on the market 125.9 % longer than 23 that sucessfully sold over the last 30 days - 27 days when sold vs 61 days when delisted respectively.
Average Days on the Market in Brighton over the past 12 months for properties that have sold was 31.8 days, with 61.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
12 new properties were listed on the market in Brighton in the last 30 days (July 4 - August 2). During the same time 23 properties were sold and 3 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 14 properties (or 116.7 %).
During the previous 30 day period (June 4 - July 3) there were 29 new properties listed, 32 sold and 6 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was June with 33 new properties listed, the slowest - October with 2 new listings and a yearly average of 14 new listings per month.
New Real Estate Listings by Property Type
There were a total of 12 homes listed during the last 30 days (July 4 - August 2), which is 100.0 % of all properties listed in Brighton. This is a 58.6 % decline compared with a previous 30 day period (June 4 - July 3) and 50.0 % up from the same period a year ago. Over the past year an average of 14 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 23 homes sold during the last 30 days (July 4 - August 2), which is 100.0 % of all properties sold in Brighton. This is a 28.1 % decline compared with a previous 30 day period (June 4 - July 3) and 64.3 % up from the same period a year ago. Over the past year an average of 18 homes are were sold per month.
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