Brighton Real Estate Statistics
Brighton Real Estate Price Trend
Brighton real estate average sold price in the last 30 days (January 21 - February 19) was $581,577, which is $15,459 (2.7%) higher than the average price of $566,118 in the previous 30 day period (December 22 - January 20), and $12,261 (2.1%) up from the same period 1 year ago ($569,316). Brighton real estate prices over the last 30 days are also $58,484 (10.1%) lower than the average selling price of $640,061 over the past year.
Brighton average sold price for homes was $589,281 in the last 30 days (January 21 - February 19), which is $23,163 (3.9%) up from the average home price of $566,118 in the previous 30 day period (December 22 - January 20), and $17,286 (2.9%) higher than the same period 1 year ago ($571,995). In the last 30 days Brighton the average home price was $57,524 (9.8%) lower than the average selling price of $646,805 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Brighton real estate was $581,577 in the last 30 days (January 21 - February 19), which is collectively $8,638 (1.3%) lower than the average asking price of $667,364. This represents an increase of $4,055 (31.9%) compared to $12,693 (1.7%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Brighton during the last 12 months was recorded in July, 2024 with an average of $8,060 under the asking price, while the minimum occurring in November, 2024 with $30,054 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 72.0% with 18 properties sold and 17 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 94.1% recorded during the previous 30 day period (December 22 - January 20), 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 154.8% recorded in August and the lowest was in December at 37.0%. 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 18 properties that were successfully sold in Brighton in the last 30 days (January 21 - February 19) was 29 days, which is 52 days less than 81 days average in the previous 30 day period (December 22 - January 20) and 0 days longer than during the same period a year ago (29 days).
There were 10 delisted properties in Brighton, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 72 days on the market. This is 33 days shorter than the average of 105 days during the previous 30 day period (December 22 - January 20) and 2 days less compared to the same period last year average of 74 days on the market.
10 Brighton properties that didn't sell stayed on the market 148.3% longer than 18 that sucessfully sold over the last 30 days - 29 days when sold vs 72 days when delisted respectively.
Average Days on the Market in Brighton over the past 12 months for properties that have sold was 50.3 days, with 75.6 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
25 new properties were listed on the market in Brighton in the last 30 days (January 21 - February 19). During the same time 18 properties were sold and 10 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 3 properties (or 12.0%).
During the previous 30 day period (December 22 - January 20) there were 17 new properties listed, 16 sold and 17 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was July with 53 new properties listed, the slowest - January with 24 new listings and a yearly average of 42 new listings per month.
New Real Estate Listings by Property Type
There were a total of 24 homes listed during the last 30 days (January 21 - February 19), which is 96.0% of all properties listed in Brighton. This is a 84.6% increase compared with a previous 30 day period (December 22 - January 20) and 27.3% down from the same period a year ago. Over the past year an average of 39 homes are were listed per month.
1 townhomes were listed over the last 30 days (January 21 - February 19) in Brighton, which is 4.0% of all new real estate inventory. This is a 75.0% less than during the previous 30 day period (December 22 - January 20) and 66.7% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 2 a month.
Real Estate Sales by Property Type
There were a total of 16 homes sold during the last 30 days (January 21 - February 19), which is 88.9% of all properties sold in Brighton. This is a 0.0% decline compared with a previous 30 day period (December 22 - January 20) and 33.3% down from the same period a year ago. Over the past year an average of 25 homes are were sold per month.