Brighton Real Estate Statistics

Brighton real estate average sold price in the last 30 days (March 27 - April 25) was $688,545, which is $14,470 (2.1%) lower than the average price of $703,015 in the previous 30 day period (February 26 - March 26), and $18,321 (2.7%) up from the same period 1 year ago ($670,224). Brighton real estate prices over the last 30 days are also $82,364 (12.0%) higher than the average selling price of $606,180 over the past year.

Brighton average sold price for homes was $703,032 in the last 30 days (March 27 - April 25), which is $8,304 (1.2%) down from the average home price of $711,336 in the previous 30 day period (February 26 - March 26), and $32,808 (4.7%) higher than the same period 1 year ago ($670,224). In the last 30 days Brighton the average home price was $93,178 (13.3%) higher than the average selling price of $609,854 over the last 12 months.

Average selling price for Brighton real estate was $688,545 in the last 30 days (March 27 - April 25), which is collectively $8,690 (1.2%) lower than the average asking price of $730,017. This represents an increase of $952 (9.9%) compared to $9,642 (1.3%) Sold-Under-Asking price from the previous 30 day period (February 26 - March 26).

The maximum Sold Over/Under Asking ratio in Brighton during the last 12 months was recorded in August, 2023 with an average of $1,297 over the asking price, while the minimum occurring in May, 2023 with $27,633 below the asking price.

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 81.6% with 31 properties sold and 43 new properties listed in the past 30 days (March 27 - April 25). This represents an increase from 60.5% recorded during the previous 30 day period (February 26 - March 26), and an increase from 69.4% compared to the same period one year ago.

Over the the last year the highest SNLR in Brighton was 7,492.3% recorded in July and the lowest was in November at 28.6%. 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.

The Average Days on the Market (DOM) for 31 properties that were successfully sold in Brighton in the last 30 days (March 27 - April 25) was 39 days, which is 29 days less than 68 days average in the previous 30 day period (February 26 - March 26) and 14 days longer than during the same period a year ago (25 days).

There were 17 delisted properties in Brighton, those that got either Expired, Suspended or Terminated over the last 30 days (March 27 - April 25) with an average of 68 days on the market. This is 11 days shorter than the average of 79 days during the previous 30 day period (February 26 - March 26) and 37 days more compared to the same period last year average of 31 days on the market.

17 Brighton properties that didn't sell stayed on the market 74.4% longer than 31 that sucessfully sold over the last 30 days - 39 days when sold vs 68 days when delisted respectively.

Average Days on the Market in Brighton over the past 12 months for properties that have sold was 34.7 days, with 73.6 days for those properties that did not sell.

38 new properties were listed on the market in Brighton in the last 30 days (March 27 - April 25). During the same time 31 properties were sold and 17 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 10 properties (or 26.3%).

During the previous 30 day period (February 26 - March 26) there were 43 new properties listed, 26 sold and 11 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 52 new properties listed, the slowest - December with 14 new listings and a yearly average of 39 new listings per month.

There were a total of 36 homes listed during the last 30 days (March 27 - April 25), which is 94.7% of all properties listed in Brighton. This is a 2.7% decline compared with a previous 30 day period (February 26 - March 26) and 0.0% down from the same period a year ago. Over the past year an average of 36 homes are were listed per month.

There were a total of 28 homes sold during the last 30 days (March 27 - April 25), which is 90.3% of all properties sold in Brighton. This is a 12.0% increase compared with a previous 30 day period (February 26 - March 26) and 12.0% up from the same period a year ago. Over the past year an average of 364 homes are were sold per month.