Is Brighton, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brighton is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Brighton has remained a Seller's Market.

Key Takeaway

Brighton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brighton, NY

How much do homes in Brighton, NY cost?

Median Sold Price

$329,500

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$54,500(+19.8%)

Key Takeaway

Homes in Brighton have sold for 19.8% more than they did a year ago.

Summary: The median home sold price in Brighton was $329,500 in April 2024, up 19.8% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $92.5K-
N/A
2 $201.7K$228K
+13.0%
3 $258.7K$308K
+19.1%
4 $365K$400K
+9.6%
5+ $475K$565K
+18.9%

Summary: Brighton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 18.9%.

Median Sold Price Compared To Nearby Cities

Brighton
+19.8%
Irondequoit
+15.9%
Henrietta
+11.6%
Rochester
+9.5%
Penfield
+8.1%

Housing Supply in Brighton, NY

How many homes are available in Brighton, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7587+16.0%

Summary: The Brighton real estate market had 87 homes for sale in April 2024, a 16.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2526
+4.0%
3 2227
+22.7%
4 2124
+14.3%
5+ 710
+42.9%

Summary: The Brighton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1819+5.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brighton, you could pay more than the asking price. 89.5% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Brighton in April 2024, up by 5.6% month-over-month. Of the 19 sold homes, 11% were sold under asking, 0% were sold at asking, and 89% were sold over asking.

Days on Market for Brighton, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
7 Days6 Days-7.4%

Summary: Homes in Brighton had an average of 6 days on market in Apr 2024, down by 7.4% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 19 homes were sold in Brighton; 100% of homes were sold within 30 days, 0% 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 16 Days Ago

Newest Listings in Brighton, NY

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