Brighton MA Condos Recent Sales

By
Real Estate Agent with William Raveis Real Estate

Brighton MA Condos Recent Sales

The Brighton MA condo market is hot, with multiple offers and over asking sale prices common.  Here are some recent statistics.

Click on the link to search current Brighton MA Condos for Sale

Statistics from Past Six Months: 9/14/2012-3/14/2013

Number of condos sold: 104

Average Days on Market: 57

Median Price: $271,000

Average Price: $324,000

Currently there are 31 pending sales

Current Inventory

There are 31 active condo listings as of today, March 14th, 2013, in Brighton MA.  There are less than two months of inventory on the market.  What does this mean? If no new listings came on market, it would take two months to sell the 31 condos on market today.  

Two months of inventory is considered a pretty tight market.  Lower than three months worth of inventory is low, and indicative of prices pushed up further.  

What to Expect in the Coming Months?

If you are thinking of selling your condo, now is an excellent time.  Low inventory is a home seller's best friend.  Waiting for prices to go up may work against you if the market is flooded with condos next year.  Investors and first time home buyers alike are hungry for Brighton MA condos and ready to pay top dollar when the right condo comes along.

 

To learn what your condo is worth in today's market, click on the link.  Market evaluations are free and with no obligation.  

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Massachusetts Suffolk County Brighton
Groups:
MA REALTORS
Boston Area Real Estate
City and State
Hyper-Local
Tags:
selling your home
free market evaluation
brighton ma
brighton ma condos

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
76,509

Ruth Lerner

Ask me a question
*
*
*
*
Spam prevention