$10,000 Closing Credit*
$2,425,000
3,900 SqFt
11 Beds
•5 Full Baths
#73314900, Lucas Santos, Listing Office: Riverfront REALTORS®
Is Brighton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Brighton was a Neutral Market.
Key Takeaway
Brighton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brighton, MA
How much do homes in Brighton, MA cost?
Median Sold Price
$561,833
$646/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$128,066(-18.6%)
Key Takeaway
Homes in Brighton have sold for 18.6% less than they did a year ago.
Summary: The median home sold price in Brighton was $561,833 in October 2024, down 18.6% from last year, and the median price per square foot was $646.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $452.5K | $423K | -6.5% |
| 2 Bedrooms | $645K | $535K | -17.1% |
| 3 Bedrooms | $840K | $850K | +1.2% |
| 4 Bedrooms | $925K | $1.0M | +18.4% |
| 5+ Bedrooms | $1.2M | $1.3M | +5.7% |
Summary: Brighton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.5%, 2 bedroom homes decreased by 17.1%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Brookline Hills | $1.2M | $1.1M | -5.9% |
| Washington Square | $1.0M | $880K | -12.4% |
| Brighton | $689.9K | $561.8K | -18.6% |
Housing Supply in Brighton, MA
How many homes are available in Brighton, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 99 | 98 | -1.0% |
Summary: The Brighton real estate market had 98 homes for sale in October 2024, a 1.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 30 | 26 | -13.3% |
| 2 Bedrooms | 32 | 33 | +3.1% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 17 | 21 | +23.5% |
Summary: The Brighton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 23.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 17 | -41.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brighton, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Brighton in October 2024, down by 41.4% month-over-month. Of the 17 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 26 Days | -46.9% |
Summary: Homes in Brighton had an average of 26 days on market in Oct 2024, down by 46.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brighton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Brighton; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
