Brighton, MA Real Estate News

By Zachary Parker, Real Estate Marketing Pro | SEO Gun for Hire
(ProSource Media)
Currently the average rent price in Brighton is $2,336. When compared to the previous year's data, rent prices have dropped by -2.79% in Brighton. This drop is mainly due to the drop in demand for off-campus housing near Boston College. Remote learning sent Brighton’s vacancy rate soaring last year, and its effect on pricing was inevitable. However, the prices have much been much more stable in Brighton than in Boston’s premier Downtown neighborhoods, where prices have dropped by -18.97% in Downtown Boston and -17.75% in Seaport.The Real-Time Availability rate of apartments in Brighton is now 5.11% and this rate has dropped by -37.76% since August 2020.  The Real-Time Vacancy rate is 1.20% currently. Comparing it with the data of the previous year, this rate has dropped by -25.47%. The ...
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Real Estate Market Report Brighton, MA 02135 May 2014 Brighton, MA (02135) Real Estate is still in a seller's market.  This will continue for remainder of 2014 due to lack of available housing and low interest rates.  Like all the real estate market in Boston area suburbs.  If you find the ideal home for you, be prepared to write an offer quickly or accept the possibility you will lose the home to another buyer. Buyers and investors who have are serious about the Real Estate Market in Brighton, MA in May 2014  should now have enough facts to get them started on their real estate journey in this community. Price Trends - Sold vs. Listed Understanding the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).  By comparing th...
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Real Estate Market in Brighton, MA Buyers and investors who have are serious about the Real Estate Market in Brighton MA in April 2014  should now have enough facts to get them started on their real estate journey in this community. The data provided in this report is from Market Insider (MI) published by Market Leader.  MI consolidates data from multiple sources and includes current listings, recent sales and more.  Whether you are a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.  Price Trends - Sold vs. Listed Brighton, MA Understanding the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).  By comparing these price trends, you will have a good idea of where the ...
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By Ruth Lerner
(William Raveis Real Estate)
Cash Buyers Assume They Can Pay Less?  Never Assume Cash buyers have been making many condo sellers in Brighton and Brookline very happy these days.  In general, they have an upper hand because they can waive the financing contingnecy, and they save everyone a lot of work and stress around obtaining financing. With a cash buyer, the transaction is perceived as easier and less risky. In turn, cash buyers and their agents assume they can make lower offers since their terms are so much better. This assumption is flawed.  Although cash buyers offer an incentive to the seller with lower risk, offering a lower price doesn't always work.  What cash buyers often forget is that many home sellers need to squeeze every penny out of the sale - thy are also buyers, in a tough market. Furthermore, so...
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Looking at the data from MLSPIN we see that the average 1 bedroom condo in Brighton was averaging $262K in Q4 2013 up almost $40K from Q1 2013.
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2013 was a good year for the Brighton condo market - with both sale price and price-per-square-foot (PPSF) increases across average condos. 
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Brighton MA Real Estate Statistics, 2011-2013 Average prices of single-family houses, condominiums and multi-family houses, rounded to the nearst $1,000.  Source: MLSPIN.     2011 2012 2013 Two Year Change Single-Family Houses $409,000 $456,000 $511,000 +25% Condominiums $271,000 $289,000 $337,000 +24% Multi-Family Hosues $708,000 $723,000 $787,000 +11%        
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Brighton Condo Market Update - Q1 2013 Brighton has always been a popular area for fist time buyers or parents looking to buy a condo for their child as they attend college or grad school (a.k.a. - kiddie condo). Just ran some comparative numbers for the first quarter of 2007, 2012 and 2013. Prices are rebounding for both the general condo market as well as the one bedroom condo market. The low owner-occupancy of some of these buildings (most loan programs require at least 51% owner occupancy and no large block of units owned by one investor) inhibit some sales but with investors looking to harvest some capital gains from their investment property portfolio, I am seeing the owner occupancy ratios starting to creep up a bit. The charts below show trends for both the Brighton condo market...
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By Michael Mahoney, Boston Realtor with Century 21
(Century 21)
By Mike Mahoney of Remax in Boston @ http://www.HomesinBostonMass.com I just wanted to take a moment to review the condo market in Brighton for the last three months. The story is pretty compelling. If you are a buyer, you really need to get a great real estate negotiator on your side since the sellers are getting very close to their asking prices on their condo sales.  There is only a three month supply of condos on the market now in Brighton. This is a sigh of a sellers market.    There are currently 50 condos for sale in Brighton. These condos have been on the market an average of 48 days.   This report was representative of the Brighton zip code 02135. Please review all of the condos on the market in Brighton at http://www.homesinbostonmass.com/community/area/brighton   See more Bos...
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By Ruth Lerner
(William Raveis Real Estate)
Brighton MA Condos Recent Sales The Brighton MA condo market is hot, with multiple offers and over asking sale prices common.  Here are some recent statistics. Click on the link to search current Brighton MA Condos for Sale Statistics from Past Six Months: 9/14/2012-3/14/2013 Number of condos sold: 104 Average Days on Market: 57 Median Price: $271,000 Average Price: $324,000 Currently there are 31 pending sales Current Inventory There are 31 active condo listings as of today, March 14th, 2013, in Brighton MA.  There are less than two months of inventory on the market.  What does this mean? If no new listings came on market, it would take two months to sell the 31 condos on market today.   Two months of inventory is considered a pretty tight market.  Lower than three months worth of inve...
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By Michael Mahoney, Boston Realtor with Century 21
(Century 21)
  Schedule a Showing/Request Info Search All Homes For Sale Brighton Real Estate Listings Homes for Sale Free List of Foreclosed Homes For Sale What is Your Home Worth? FREE List of HUD Homes for Sale   Michael Mahoney Remax Boston 617-980-9025 Questions?Schedule a Showing!   Information valid for the date of this posting only. Please contact us for the most current information and status of this property. Commonwealth Avenue Brighton, MA Scan with your smartphone & take me with you. Description Photos Maps & Local Schools Coming Soon     Why Pay into The Landlord's Retirement $ Click for current price 2 BEDROOMS 1 BATHROOMS (1 full) 765 Square Feet  This is a great opportunity to stop paying into the landlord's retirement.  This is a two bed on upper Commonwealth Avenue by Chestnut Hi...
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By David Laven
(EXP Realty)
Listed at only $154,900 this Brighton MA Condo is a great deal for a first time buyer or investor. View full details for this condo View Brigthon MA Condos For Sale
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By Jim Mushinsky
(Centsable Inspection)
A Brighton MA home buyer should receive a brochure, Home Inspectors Facts for Consumers Sheet, at the time of the signing of the first written contract to purchase. A standard home inspection in Massachusetts is a visual examination of the physical structure and major interior systems of a residential building consisting of one to four dwelling units. It should be understood that there are certain risks inherent in the purchase of property and a home inspection is inherently limited in its scope and depth. The information gained from home inspection conforming to the Massachusetts Home Inspector Standards of Practice may reduce some of those risks, but the home inspection is not intended to provide the client with protection from all of the risks involved. Visit the Brighton MA Home Ins...
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By Lynda Longmire
(Virtual Homes Real Estate)
Brighton MA Foreclosures, Short Sales and Bank Owned Real Estate for Sale Purchasing a home at a Brighton MA foreclosures auction has many risks to a potential buyer and in most cases the bank will bid and take possession of the property at auction. The property is then referred to as bank owned, REO (real estate owned) or foreclosed property. To search the MA MLS listings visit Brighton MA MLS listings. A home owner may attempt a "short sale" whereby the bank agrees to accept less than the mortgage balance based on the owner's hardship and financial status. Obtaining approval can be a long and difficult process. Additionally, there is no assurance that the lender will accept an offer at or above the listed price. Bank-owned and short sale listings are often marketed with a real estate ...
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By Lynda Longmire
(Virtual Homes Real Estate)
Brighton MA Foreclosed and Bank Owned Real Estate for Sale Purchasing a home at a foreclosure auction has many risks to a potential buyer and in most cases the bank will bid and take possession of the property at auction. The property is then referred to as bank owned, REO (real estate owned) or foreclosed property. To search the MA MLS listings visit Brighton MA MLS listings. A home owner may attempt a "short sale" whereby the bank agrees to accept less than the mortgage balance based on the owner's hardship and financial status. Obtaining approval can be a long and difficult process. Additionally, there is no assurance that the lender will accept an offer at or above the listed price. Bank-owned and short sale listings are often marketed with a real estate agent and placed in the Mass...
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Condos for Sale in Brighton Brookline MA - walking distance to the Cleveland Circle MBTA Below is a sample list of some of the best condos for sale that are walking distance to the Cleveland Circle T station on the MBTA's Green Line.  Essentially located on the border of Brighton and Brookline, Cleveland Circle is a favorite with both students and professionals alike due to its great restaurants and bars, easy commute via train or auto, and a fantastic selection of properties ranging from keg-party rental to upscale luxury.   If you're looking to purchase in this area you can expect to pay in the $350-400/sq.ft. range in Brighton Condos and $400-450/sq.ft. in Brookline Real Estate.  Keep in mind that Brookline does not allow overnight street parking, so if you have parking needs and you...
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By Mark Madden, The Madden Team
(Century 21 Commonwealth)
I was lucky enough to assist a buyer in the purchase of a great condominium unit at Commonwealth Park in Brighton, Massachusetts. The unit was a 4 room, 2 bedroom, 1 bath with a private patio and 1 car deeded parking. This is a great complex and there are other opportunities in the building. If you are interested please contact me at 617.448.9481 or email me at mark@smarthomesboston.com
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By Mark Madden, The Madden Team
(Century 21 Commonwealth)
In an effort to be knowledgeable of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, and Brighton. Below are the market statistics in Brighton, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Brighton, MA market statistics weekly on Wednesdays. [Note: I have changed a few things to the statistics layout, due to requests. I have added the Median Sales Prices from 2008 and 2007 to the chart, along with the overall appreciation or depreciation between the two. In addition, I have changed the "shading" of blocks to reflect positive change (yellow) and negative change (light red). These changes will hopefully help to better read the chart and follow my comments.] My last Brighton Market Statistics...
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By Mark Madden, The Madden Team
(Century 21 Commonwealth)
In an effort to be knowledgeable of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, and Brighton. Below are the market statistics in Brighton, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Brighton, MA market statistics weekly on Wednesdays. Not too much has changed since last week's Know Your Market: Brighton Market Stats but I wanted to touch on a few important aspects of the market. First, in single family homes the inventory has increased to 10 active single families on the market. The good aspect of this is that the average list price has dropped by $38,184 from $605,114 last week to $566,930. Seemingly, sellers are starting to adjust their prices to reflect the current market which i...
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By Mark Madden, The Madden Team
(Century 21 Commonwealth)
In an effort to be knowledgeable of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, and Brighton. Below are the market statistics in Brighton, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Brighton, MA market statistics weekly on Wednesdays. Looking at these stats, it would seem as though the market has slowed in Brighton. Inventory is down in all three categories and the average sale price is down in all three categories as well. However, that would not tell the entire story. Although the average sale price is down, the median sale price is actually up in two out of the three housing sectors. For single family homes, the median sale price has risen from $465,000 in 2007 to $477,750 in 200...
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