Is Brighton Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Brighton Township has remained a Seller's Market.
Key Takeaway
Brighton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brighton Township, PA
How much do homes in Brighton Township, PA cost?
Median Sold Price
$289,900
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Brighton Township have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Brighton Township was $289,900 in May 2024, up 3.5% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $134.9K | $189K | +40.1% |
| 3 Bedrooms | $215K | $251.2K | +16.9% |
| 4 Bedrooms | $402.5K | $365K | -9.3% |
| 5+ Bedrooms | $525.1K | $580K | +10.5% |
Summary: Brighton Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40.1%, 3 bedroom homes increased by 16.9%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 10.5%.
Median Sold Price Compared To Nearby Cities
| Brighton Township | $280K | $289.9K | +3.5% |
| Beaver | $275K | $282K | +2.5% |
Housing Supply in Brighton Township, PA
How many homes are available in Brighton Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 46 | 45 | -2.2% |
Summary: The Brighton Township real estate market had 45 homes for sale in May 2024, a 2.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 22 | 22 | 0.0% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Brighton Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brighton Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Brighton Township in May 2024, up by 33.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 39 Days | +24.7% |
Summary: Homes in Brighton Township had an average of 39 days on market in May 2024, up by 24.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Brighton Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Brighton Township; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
