Brantford Real Estate Statistics

Brantford Real Estate Price Trend
Brantford real estate average sold price in the last 30 days (January 21 - February 19) was $653,366, which is $52,334 (8.0%) lower than the average price of $705,700 in the previous 30 day period (December 22 - January 20), and $9,192 (1.4%) down from the same period 1 year ago ($662,558). Brantford real estate prices over the last 30 days are also $9,591 (1.5%) lower than the average selling price of $662,957 over the past year.
Brantford average sold price for homes was $675,760 in the last 30 days (January 21 - February 19), which is $82,515 (12.2%) down from the average home price of $758,275 in the previous 30 day period (December 22 - January 20), and $16,539 (2.4%) lower than the same period 1 year ago ($692,299). In the last 30 days Brantford the average home price was $23,000 (3.4%) lower than the average selling price of $698,760 over the last 12 months.
Average Brantford condo sold price over the last 30 days (January 21 - February 19) was $318,000. During this period it was $188,466 (59.3%) down from the average price of condo of $506,466 during the previous 30 days (December 22 - January 20), and $30,000 (9.4%) lower compared to the same period 1 year ago ($348,000). In the last 30 days Brantford the average condo price was $62,635 (19.7%) lower than the average selling price of $380,635 over the last year.
Average sold price of Brantford townhouse was $599,923 in the last 30 days (January 21 - February 19), down $13,077 (2.2%) from the average townhome price of $613,000 over the previous 30 days (December 22 - January 20), and $17,571 (2.9%) higher than during to the same period 1 year ago ($582,352). Over the last 30 days the average townhouse price in Brantford was $5,902 (1.0%) lower compared to the average selling price of $605,824 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Brantford real estate was $653,366 in the last 30 days (January 21 - February 19), which is collectively $11,023 (1.6%) lower than the average asking price of $693,383. This represents an increase of $3,083 (21.9%) compared to $14,106 (2.0%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Brantford during the last 12 months was recorded in June, 2024 with an average of $1,568 under the asking price, while the minimum occurring in November, 2024 with $17,223 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 55.0% with 60 properties sold and 80 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 52.5% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 71.7% compared to the same period one year ago.
Over the the last year the highest SNLR in Brantford was 109.7% recorded in December and the lowest was in September at 43.8%. 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 60 properties that were successfully sold in Brantford in the last 30 days (January 21 - February 19) was 37 days, which is 6 days more than 31 days average in the previous 30 day period (December 22 - January 20) and 11 days longer than during the same period a year ago (26 days).
There were 82 delisted properties in Brantford, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 83 days on the market. This is 10 days shorter than the average of 93 days during the previous 30 day period (December 22 - January 20) and 1 days less compared to the same period last year average of 84 days on the market.
82 Brantford properties that didn't sell stayed on the market 124.3% longer than 60 that sucessfully sold over the last 30 days - 37 days when sold vs 83 days when delisted respectively.
Average Days on the Market in Brantford over the past 12 months for properties that have sold was 30.0 days, with 67.4 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
109 new properties were listed on the market in Brantford in the last 30 days (January 21 - February 19). During the same time 60 properties were sold and 82 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 33 properties (or 30.3%).
During the previous 30 day period (December 22 - January 20) there were 80 new properties listed, 42 sold and 89 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 62 new listings and a yearly average of 140 new listings per month.
New Real Estate Listings by Property Type
There were a total of 61 homes listed during the last 30 days (January 21 - February 19), which is 56.0% of all properties listed in Brantford. This is a 17.3% increase compared with a previous 30 day period (December 22 - January 20) and 21.8% down from the same period a year ago. Over the past year an average of 96 homes are were listed per month.
19 condo units were listed in the last 30 days (January 21 - February 19) in Brantford, which represents 17.4% of all new listings. This is up 137.5% from the prior 30 day period (December 22 - January 20) and 46.2% more compared to the same period last year. There were 12 condos listed per month on average during the last 12 months.
29 townhomes were listed over the last 30 days (January 21 - February 19) in Brantford, which is 26.6% of all new real estate inventory. This is a 45.0% more than during the previous 30 day period (December 22 - January 20) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 33 a month.
Real Estate Sales by Property Type
There were a total of 46 homes sold during the last 30 days (January 21 - February 19), which is 76.7% of all properties sold in Brantford. This is a 58.6% increase compared with a previous 30 day period (December 22 - January 20) and 31.3% down from the same period a year ago. Over the past year an average of 63 homes are were sold per month.
1 condo units were sold in the last 30 days (January 21 - February 19) in Brantford, which represents 1.7% of all sold properties. This is down 66.7% from the prior 30 day period (December 22 - January 20) and 50.0% less compared to the same period last year. There were 5 condos sold per month on average during the last 12 months.
13 townhomes were sold over the last 30 days (January 21 - February 19) in Brantford, which is 21.7% of all sold real estate. This is a 30.0% more than during the previous 30 day period (December 22 - January 20) and 23.5% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 17 a month.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1428806848