Brantford Real Estate Statistics
Brantford Real Estate Price Trend
Brantford real estate average sold price in the last 30 days (October 21 - November 19) was $657,826, which is $6,012 (0.9%) lower than the average price of $663,838 in the previous 30 day period (September 21 - October 20), and $21,465 (3.3%) up from the same period 1 year ago ($636,361). Brantford real estate prices over the last 30 days are also $101 (0.0%) higher than the average selling price of $657,725 over the past year.
Brantford average sold price for homes was $678,263 in the last 30 days (October 21 - November 19), which is $30,560 (4.5%) down from the average home price of $708,823 in the previous 30 day period (September 21 - October 20), and $1,122 (0.2%) lower than the same period 1 year ago ($679,385). In the last 30 days Brantford the average home price was $17,069 (2.5%) lower than the average selling price of $695,332 over the last 12 months.
Average Brantford condo sold price over the last 30 days (October 21 - November 19) was $329,166. During this period it was $30,834 (9.4%) down from the average price of condo of $360,000 during the previous 30 days (September 21 - October 20), and $9,966 (3.0%) higher compared to the same period 1 year ago ($319,200). In the last 30 days Brantford the average condo price was $48,524 (14.7%) lower than the average selling price of $377,690 over the last year.
Average sold price of Brantford townhouse was $633,800 in the last 30 days (October 21 - November 19), up $62,485 (9.9%) from the average townhome price of $571,315 over the previous 30 days (September 21 - October 20), and $45,370 (7.2%) higher than during to the same period 1 year ago ($588,430). Over the last 30 days the average townhouse price in Brantford was $32,912 (5.2%) higher compared to the average selling price of $600,888 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Brantford real estate was $657,826 in the last 30 days (October 21 - November 19), which is collectively $12,201 (1.8%) lower than the average asking price of $682,132. This represents a decline of $4,486 (58.1%) compared to $7,715 (1.1%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).
The maximum Sold Over/Under Asking ratio in Brantford during the last 12 months was recorded in February, 2024 with an average of $2,779 over the asking price, while the minimum occurring in January, 2024 with $13,190 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Brantford was 61.9% with 73 properties sold and 131 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 48.1% recorded during the previous 30 day period (September 21 - October 20), and an increase from 47.7% compared to the same period one year ago.
Over the the last year the highest SNLR in Brantford was 109.1% recorded in December and the lowest was in November at 41.7%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 73 properties that were successfully sold in Brantford in the last 30 days (October 21 - November 19) was 39 days, which is 8 days less than 47 days average in the previous 30 day period (September 21 - October 20) and 19 days longer than during the same period a year ago (20 days).
There were 128 delisted properties in Brantford, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 63 days on the market. This is 2 days longer than the average of 61 days during the previous 30 day period (September 21 - October 20) and 4 days more compared to the same period last year average of 59 days on the market.
128 Brantford properties that didn't sell stayed on the market 61.5% longer than 73 that sucessfully sold over the last 30 days - 39 days when sold vs 63 days when delisted respectively.
Average Days on the Market in Brantford over the past 12 months for properties that have sold was 30.2 days, with 64.7 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
118 new properties were listed on the market in Brantford in the last 30 days (October 21 - November 19). During the same time 73 properties were sold and 128 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 83 properties (or 70.3%).
During the previous 30 day period (September 21 - October 20) there were 131 new properties listed, 63 sold and 121 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was July with 196 new properties listed, the slowest - December with 44 new listings and a yearly average of 139 new listings per month.
New Real Estate Listings by Property Type
There were a total of 70 homes listed during the last 30 days (October 21 - November 19), which is 59.3% of all properties listed in Brantford. This is a 23.9% decline compared with a previous 30 day period (September 21 - October 20) and 31.4% down from the same period a year ago. Over the past year an average of 95 homes are were listed per month.
17 condo units were listed in the last 30 days (October 21 - November 19) in Brantford, which represents 14.4% of all new listings. This is up 21.4% from the prior 30 day period (September 21 - October 20) and 30.8% more compared to the same period last year. There were 11 condos listed per month on average during the last 12 months.
31 townhomes were listed over the last 30 days (October 21 - November 19) in Brantford, which is 26.3% of all new real estate inventory. This is a 24.0% more than during the previous 30 day period (September 21 - October 20) and 82.4% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 32 a month.
Real Estate Sales by Property Type
There were a total of 60 homes sold during the last 30 days (October 21 - November 19), which is 82.2% of all properties sold in Brantford. This is a 27.7% increase compared with a previous 30 day period (September 21 - October 20) and 25.0% up from the same period a year ago. Over the past year an average of 62 homes are were sold per month.
3 condo units were sold in the last 30 days (October 21 - November 19) in Brantford, which represents 4.1% of all sold properties. This is down 0.0% from the prior 30 day period (September 21 - October 20) and 40.0% less compared to the same period last year. There were 5 condos sold per month on average during the last 12 months.
10 townhomes were sold over the last 30 days (October 21 - November 19) in Brantford, which is 13.7% of all sold real estate. This is a 23.1% less than during the previous 30 day period (September 21 - October 20) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 15 a month.