Brantford Real Estate Market
The Brantford real estate market offers a harmonious blend of stability, growth, and investment potential across various property types. Prospective homeowners and astute investors can explore an array of opportunities tailored to their preferences within this dynamic market landscape. Brantford MLS® recent statistics indicate an average house price of $892,756 and 251 new listings in the last 28 days. Brantford housing current data shows median days on the market for home is 15 days.
Listings on the Market:
Currently, there are 387 active listings for homes, providing a diverse range of housing options that cater to different preferences and lifestyles. With 59 townhome listings, Brantford offers a niche selection for those seeking comfortable yet community-oriented living. The market features 48 condominium listings, presenting contemporary living spaces suited for modern living.
Average Listing Price in February:
Over the past three months, the average listing price for homes has remained steady at $866.8K, indicating stability and consistent value in this segment.
Townhome listings have maintained an average listing price of $639K without any fluctuations, providing a reliable housing option within Brantford.
Condominiums showcase an average listing price of $454.2K, experiencing a moderate 4.73% increase in February, signalling a growing interest in this housing type.
Change in Average Listing Price:
The average listing price for homes has shown no change, reflecting a stable market and holding consistent value for potential buyers. Townhome properties have remained stable with no change in their average listing price, ensuring reliability in this segment. Despite a 4.73% increase in the average listing price, condos continue to offer an attractive and moderately priced housing option within Brantford.
Average SOLD Price in February:
The average sold price for homes in Brantford over in February stands at $758.3K, depicting a noteworthy 9.62% increase in value, showcasing the market’s strength and potential for investment. Townhome properties exhibit an average sold price of $630.3K, experiencing a moderate 2.68% rise in February, indicating a steady appreciation in value. Condominiums showcase an average sold price of $445.9K, presenting a substantial 15.3% increase in value, and showcasing an attractive investment prospect within this housing category.
Change in Average SOLD Price:
A significant 9.62% increase in the average sold price for homes underscores the market’s robustness and potential for lucrative investments within Brantford. Townhome properties experienced a steady 2.68% rise in the average sold price, showcasing a stable and steadily growing market segment. Condos witnessed a notable 15.3% surge in the average sold price, reinforcing their appeal and potential returns for buyers and investors.
Inventory & SOLD Statistics:
Over the last 60 days, the market saw 644 new listings for homes, with 111 properties sold, highlighting a dynamic landscape for both buyers and sellers.
Townhome listings included 129 new listings and 40 properties sold in the same period, showcasing an evolving interest in this housing segment.
The condominium market presented 60 new listings and 7 properties sold in the last 60 days, maintaining a stable yet evolving trend.
Properties in Brantford spend an average of 19 days on the market, emphasizing the market’s brisk pace and attractiveness to potential buyers. Furthermore, boasting a commendable selling-to-listing price ratio of 100.08% for homes, 100.47% for townhomes, and 99.77% for condos, the market showcases a healthy equilibrium between demand and value.
