Is Brighton Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brighton Township is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Brighton Township was a Seller's Market.

Key Takeaway

Brighton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Brighton Township, PA

How much do homes in Brighton Township, PA cost?

Median Sold Price

$290,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$25,000(+9.4%)

Key Takeaway

Homes in Brighton Township have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Brighton Township was $290,000 in March 2024, up 9.4% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $129.9K$172K
+32.4%
3 $215K$250K
+16.3%
4 $392.6K$365K
-7.0%
5+ $497.5K$590K
+18.6%

Summary: Brighton Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.4%, 3 bedroom homes increased by 16.3%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 18.6%.

Median Sold Price Compared To Nearby Cities

Beaver
+23.9%
Brighton Township
+9.4%

Housing Supply in Brighton Township, PA

How many homes are available in Brighton Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3438+11.8%

Summary: The Brighton Township real estate market had 38 homes for sale in March 2024, a 11.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1418
+28.6%
4 1414
0.0%
5+ 34
+33.3%

Summary: The Brighton Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brighton Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Brighton Township in March 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Brighton Township, PA

How long does it take to sell a home in Brighton Township, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
21 Days16 Days-23.6%

Summary: Homes in Brighton Township had an average of 16 days on market in Mar 2024, down by 23.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brighton Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in Brighton Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Brighton Township, PA

Nearby Markets to Brighton Township, PA

What housing markets are near Brighton Township, PA?