Brant Real Estate Statistics
Brant Real Estate Price Trend
Brant real estate average sold price in the last 30 days (January 21 - February 19) was $866,303, which is $112,637 (13.0%) higher than the average price of $753,666 in the previous 30 day period (December 22 - January 20), and $3,432 (0.4%) down from the same period 1 year ago ($869,735). Brant real estate prices over the last 30 days are also $25,820 (3.0%) higher than the average selling price of $840,483 over the past year.
Brant average sold price for homes was $939,278 in the last 30 days (January 21 - February 19), which is $130,817 (13.9%) up from the average home price of $808,461 in the previous 30 day period (December 22 - January 20), and $1,865 (0.2%) higher than the same period 1 year ago ($937,413). In the last 30 days Brant the average home price was $62,118 (6.6%) higher than the average selling price of $877,160 over the last 12 months.
Average sold price of Brant townhouse was $589,000 in the last 30 days (January 21 - February 19), up $114,000 (19.4%) from the average townhome price of $475,000 over the previous 30 days (December 22 - January 20), and $39,028 (6.6%) lower than during to the same period 1 year ago ($628,028). Over the last 30 days the average townhouse price in Brant was $23,498 (4.0%) higher compared to the average selling price of $565,502 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Brant real estate was $866,303 in the last 30 days (January 21 - February 19), which is collectively $20,357 (2.2%) lower than the average asking price of $928,999. This represents an increase of $45,288 (69.0%) compared to $65,645 (7.4%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Brant during the last 12 months was recorded in September, 2024 with an average of $10,353 under the asking price, while the minimum occurring in August, 2024 with $29,750 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 Brant was 40.0% with 24 properties sold and 43 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 34.9% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 72.7% compared to the same period one year ago.
Over the the last year the highest SNLR in Brant was 303.6% recorded in December and the lowest was in September at 20.8%. 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 24 properties that were successfully sold in Brant in the last 30 days (January 21 - February 19) was 34 days, which is 13 days less than 47 days average in the previous 30 day period (December 22 - January 20) and 4 days shorter than during the same period a year ago (38 days).
There were 34 delisted properties in Brant, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 103 days on the market. This is 5 days shorter than the average of 108 days during the previous 30 day period (December 22 - January 20) and 3 days less compared to the same period last year average of 106 days on the market.
34 Brant properties that didn't sell stayed on the market 202.9% longer than 24 that sucessfully sold over the last 30 days - 34 days when sold vs 103 days when delisted respectively.
Average Days on the Market in Brant over the past 12 months for properties that have sold was 39.2 days, with 79.6 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
60 new properties were listed on the market in Brant in the last 30 days (January 21 - February 19). During the same time 24 properties were sold and 34 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 2 properties (or 3.3%).
During the previous 30 day period (December 22 - January 20) there were 43 new properties listed, 15 sold and 57 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was July with 75 new properties listed, the slowest - December with 28 new listings and a yearly average of 58 new listings per month.
New Real Estate Listings by Property Type
There were a total of 41 homes listed during the last 30 days (January 21 - February 19), which is 68.3% of all properties listed in Brant. This is a 41.4% increase compared with a previous 30 day period (December 22 - January 20) and 24.2% up from the same period a year ago. Over the past year an average of 47 homes are were listed per month.
2 condo units were listed in the last 30 days (January 21 - February 19) in Brant, which represents 3.3% of all new listings. This is down 0.0% from the prior 30 day period (December 22 - January 20) and 100.0% more compared to the same period last year. There were 2 condos listed per month on average during the last 12 months.
17 townhomes were listed over the last 30 days (January 21 - February 19) in Brant, which is 28.3% of all new real estate inventory. This is a 41.7% more than during the previous 30 day period (December 22 - January 20) and 70.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 10 a month.
Real Estate Sales by Property Type
There were a total of 19 homes sold during the last 30 days (January 21 - February 19), which is 79.2% of all properties sold in Brant. This is a 46.2% increase compared with a previous 30 day period (December 22 - January 20) and 24.0% down from the same period a year ago. Over the past year an average of 28 homes are were sold per month.
5 townhomes were sold over the last 30 days (January 21 - February 19) in Brant, which is 20.8% of all sold real estate. This is a 400.0% more than during the previous 30 day period (December 22 - January 20) and 28.6% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 4 a month.