Is Brighton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Brighton was a Seller's Market.
Housing Prices in Brighton, MA
How much do homes in Brighton, MA cost?
Median Sold Price
$587,200
$624/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Brighton was $587,200 in April 2024, down 8.1% from last year, and the median price per square foot was $624.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $462K | $410K | -11.3% |
2 Bedrooms | $575K | $560K | -2.6% |
3 Bedrooms | $783K | $735K | -6.1% |
4 Bedrooms | $925K | $1.0M | +8.4% |
5+ Bedrooms | $1.2M | $1.2M | +1.7% |
Summary: Brighton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.3%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Neighborhoods
Oak Square | $815K | $900K | +10.4% |
Washington Square | $856K | $917.7K | +7.2% |
Brookline Hills | $1.2M | $1.2M | -5.2% |
Brighton | $638.6K | $587.2K | -8.1% |
Housing Supply in Brighton, MA
How many homes are available in Brighton, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 101 | +46.4% |
Summary: The Brighton real estate market had 101 homes for sale in April 2024, a 46.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 25 | 33 | +32.0% |
2 Bedrooms | 18 | 33 | +83.3% |
3 Bedrooms | 9 | 11 | +22.2% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 15 | 19 | +26.7% |
Summary: The Brighton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 32%, 2 bedroom homes increased by 83.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 26.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 14 | +27.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Brighton in April 2024, up by 27.3% month-over-month. Of the 14 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Brighton, MA
How long does it take to sell a home in Brighton, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 16 Days | -69.9% |
Summary: Homes in Brighton had an average of 16 days on market in Apr 2024, down by 69.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Brighton; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.