Brantford Real Estate Statistics

Brantford Real Estate Price Trend
Brantford real estate average sold price in the last 30 days (January 9 - February 7) was $630,833, which is $28,515 (4.5%) higher than the average price of $602,318 in the previous 30 day period (December 10 - January 8), and $261,079 (41.4%) down from the same period 1 year ago ($891,912). Brantford real estate prices over the last 30 days are also $111,743 (17.7%) lower than the average selling price of $742,576 over the past year.
Brantford average sold price for homes was $644,050 in the last 30 days (January 9 - February 7), which is $7,147 (1.1%) up from the average home price of $636,903 in the previous 30 day period (December 10 - January 8), and $303,672 (47.2%) lower than the same period 1 year ago ($947,722). In the last 30 days Brantford the average home price was $135,667 (21.1%) lower than the average selling price of $779,717 over the last 12 months.
Average Brantford condo sold price over the last 30 days (January 9 - February 7) was $340,000. During this period it was $10,000 (2.9%) up from the average price of condo of $330,000 during the previous 30 days (December 10 - January 8), and $73,750 (21.7%) lower compared to the same period 1 year ago ($413,750). In the last 30 days Brantford the average condo price was $72,681 (21.4%) lower than the average selling price of $412,681 over the last year.
Average sold price of Brantford townhouse was $596,857 in the last 30 days (January 9 - February 7), up $15,107 (2.5%) from the average townhome price of $581,750 over the previous 30 days (December 10 - January 8), and $190,476 (31.9%) lower than during to the same period 1 year ago ($787,333). Over the last 30 days the average townhouse price in Brantford was $57,808 (9.7%) lower compared to the average selling price of $654,665 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Brantford real estate was $630,833 in the last 30 days (January 9 - February 7), which is collectively $24,224 (3.0%) lower than the average asking price of $805,470. This represents a decline of $8,073 (50.0%) compared to $16,151 (2.5%) Sold-Under-Asking price from the previous 30 day period (December 10 - January 8).
The maximum Sold Over/Under Asking ratio in Brantford during the last 12 months was recorded in August, 2022 with an average of $332,711 over the asking price, while the minimum occurring in October, 2022 with $27,094 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 47.1% with 48 properties sold and 52 new properties listed in the past 30 days (January 9 - February 7). This represents a decrease from 63.5% recorded during the previous 30 day period (December 10 - January 8), and a decrease from 163.6% compared to the same period one year ago.
Over the the last year the highest SNLR in Brantford was 118.5% recorded in February and the lowest was in November at 40.7%. 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 48 properties that were successfully sold in Brantford in the last 30 days (January 9 - February 7) was 18 days, which is 20 days less than 38 days average in the previous 30 day period (December 10 - January 8) and 8 days longer than during the same period a year ago (10 days).
There were 62 delisted properties in Brantford, those that got either Expired, Suspended or Terminated over the last 30 days (January 9 - February 7) with an average of 63 days on the market. This is 5 days shorter than the average of 68 days during the previous 30 day period (December 10 - January 8) and 28 days more compared to the same period last year average of 35 days on the market.
62 Brantford properties that didn't sell stayed on the market 250.0% longer than 48 that sucessfully sold over the last 30 days - 18 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 21.0 days, with 42.3 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
102 new properties were listed on the market in Brantford in the last 30 days (January 9 - February 7). During the same time 48 properties were sold and 62 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 8 properties (or 7.8%).
During the previous 30 day period (December 10 - January 8) there were 52 new properties listed, 33 sold and 55 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was March with 120 new properties listed, the slowest - December with 66 new listings and a yearly average of 95 new listings per month.
New Real Estate Listings by Property Type
There were a total of 81 homes listed during the last 30 days (January 9 - February 7), which is 79.4% of all properties listed in Brantford. This is a 179.3% increase compared with a previous 30 day period (December 10 - January 8) and 107.7% up from the same period a year ago. Over the past year an average of 68 homes are were listed per month.
7 condo units were listed in the last 30 days (January 9 - February 7) in Brantford, which represents 6.9% of all new listings. This is down 50.0% from the prior 30 day period (December 10 - January 8) and 133.3% more compared to the same period last year. There were 8 condos listed per month on average during the last 12 months.
14 townhomes were listed over the last 30 days (January 9 - February 7) in Brantford, which is 13.7% of all new real estate inventory. This is a 55.6% more than during the previous 30 day period (December 10 - January 8) and 7.7% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 19 a month.
Real Estate Sales by Property Type
There were a total of 40 homes sold during the last 30 days (January 9 - February 7), which is 83.3% of all properties sold in Brantford. This is a 53.8% increase compared with a previous 30 day period (December 10 - January 8) and 41.2% down from the same period a year ago. Over the past year an average of 53 homes are were sold per month.
1 condo units were sold in the last 30 days (January 9 - February 7) in Brantford, which represents 2.1% of all sold properties. This is down 66.7% from the prior 30 day period (December 10 - January 8) and 75.0% less compared to the same period last year. There were 4 condos sold per month on average during the last 12 months.
7 townhomes were sold over the last 30 days (January 9 - February 7) in Brantford, which is 14.6% of all sold real estate. This is a 75.0% more than during the previous 30 day period (December 10 - January 8) and 61.1% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 11 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
1169018739