Brantford Real Estate Statistics

Brantford Real Estate Price Trend
Brantford real estate average sold price in the last 30 days (September 22 - October 21) was $676,470, which is $3,377 (0.5 %) higher than the average price of $673,093 in the previous 30 day period (August 23 - September 21), and $64,611 (9.6 %) up from the same period 1 year ago ($611,859). Brantford real estate prices over the last 30 days are also $7,959 (1.2 %) higher than the average selling price of $668,511 over the past year.
Brantford average sold price for homes was $709,625 in the last 30 days (September 22 - October 21), which is $19,348 (2.7 %) down from the average home price of $728,973 in the previous 30 day period (August 23 - September 21), and $57,997 (8.2 %) higher than the same period 1 year ago ($651,628). In the last 30 days Brantford the average home price was $7,064 (1.0 %) higher than the average selling price of $702,561 over the last 12 months.
Average Brantford condo sold price over the last 30 days (September 22 - October 21) was $376,700. During this period it was $7,625 (2.0 %) up from the average price of condo of $369,075 during the previous 30 days (August 23 - September 21), and $146,700 (38.9 %) higher compared to the same period 1 year ago ($230,000). In the last 30 days Brantford the average condo price was $87,367 (23.2 %) higher than the average selling price of $289,333 over the last year.
Average sold price of Brantford townhouse was $623,112 in the last 30 days (September 22 - October 21), up $47,749 (7.7 %) from the average townhome price of $575,363 over the previous 30 days (August 23 - September 21), and $144,184 (23.1 %) higher than during to the same period 1 year ago ($478,928). Over the last 30 days the average townhouse price in Brantford was $49,696 (8.0 %) higher compared to the average selling price of $573,416 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Brantford real estate was $676,470 in the last 30 days (September 22 - October 21), which is collectively $53,150 (8.4 %) higher than the average asking price of $636,128. This represents an increase of $29,955 (129.1 %) compared to $23,195 (3.3 %) Sold-Over-Asking price from the previous 30 day period (August 23 - September 21).
The maximum Sold Over/Under Asking ratio in Brantford during the last 12 months was recorded in February, 2021 with an average of $61,516 over the asking price, while the minimum occurring in October, 2020 with $2,006 above 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 82.3 % with 51 properties sold and 48 new properties listed in the past 30 days (September 22 - October 21). This represents a decrease from 116.7 % recorded during the previous 30 day period (August 23 - September 21), and a decrease from 105.1 % compared to the same period one year ago.
Over the the last year the highest SNLR in Brantford was 169.4 % recorded in August and the lowest was in February at 98.4 %. 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 51 properties that were successfully sold in Brantford in the last 30 days (September 22 - October 21) was 15 days, which is 3 days less than 18 days average in the previous 30 day period (August 23 - September 21) and 1 days longer than during the same period a year ago (14 days).
There were 25 delisted properties in Brantford, those that got either Expired, Suspended or Terminated over the last 30 days (September 22 - October 21) with an average of 68 days on the market. This is 3 days longer than the average of 65 days during the previous 30 day period (August 23 - September 21) and 45 days more compared to the same period last year average of 23 days on the market.
25 Brantford properties that didn't sell stayed on the market 353.3 % longer than 51 that sucessfully sold over the last 30 days - 15 days when sold vs 68 days when delisted respectively.
Average Days on the Market in Brantford over the past 12 months for properties that have sold was 13.4 days, with 45.1 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
62 new properties were listed on the market in Brantford in the last 30 days (September 22 - October 21). During the same time 51 properties were sold and 25 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 14 properties (or 22.6 %).
During the previous 30 day period (August 23 - September 21) there were 48 new properties listed, 56 sold and 32 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was March with 83 new properties listed, the slowest - December with 28 new listings and a yearly average of 49 new listings per month.
New Real Estate Listings by Property Type
There were a total of 46 homes listed during the last 30 days (September 22 - October 21), which is 74.2 % of all properties listed in Brantford. This is a 27.8 % increase compared with a previous 30 day period (August 23 - September 21) and 35.3 % up from the same period a year ago. Over the past year an average of 36 homes are were listed per month.
6 condo units were listed in the last 30 days (September 22 - October 21) in Brantford, which represents 9.7 % of all new listings. This is up 50.0 % from the prior 30 day period (August 23 - September 21) and 200.0 % more compared to the same period last year. There were 2 condos listed per month on average during the last 12 months.
10 townhomes were listed over the last 30 days (September 22 - October 21) in Brantford, which is 16.1 % of all new real estate inventory. This is a 25.0 % more than during the previous 30 day period (August 23 - September 21) and 233.3 % increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 11 a month.
Real Estate Sales by Property Type
There were a total of 40 homes sold during the last 30 days (September 22 - October 21), which is 78.4 % of all properties sold in Brantford. This is a 2.4 % decline compared with a previous 30 day period (August 23 - September 21) and 21.2 % up from the same period a year ago. Over the past year an average of 48 homes are were sold per month.
3 condo units were sold in the last 30 days (September 22 - October 21) in Brantford, which represents 5.9 % of all sold properties. This is down 25.0 % from the prior 30 day period (August 23 - September 21) and 200.0 % more compared to the same period last year. There were 2 condos sold per month on average during the last 12 months.
8 townhomes were sold over the last 30 days (September 22 - October 21) in Brantford, which is 15.7 % of all sold real estate. This is a 27.3 % less than during the previous 30 day period (August 23 - September 21) and 14.3 % increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 12 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
56964346