Market Overview
In November 2024, the New Brighton real estate market showed significant activity and resilience:
Sales: There were 19 total residential sales, marking a 58% year-over-year (Y/Y) increase.
Inventory: The community had 26 active listings, reflecting a 117% Y/Y rise.
Benchmark Prices:
Detached homes: $670,400 (+15% Y/Y)
Semi-detached: $580,800 (+7.3% Y/Y)
Row homes: $449,200 (+7.3% Y/Y)
Apartments: $359,500 (+5.4% Y/Y)
New Listings: 16 new properties were listed in November, representing a 100% Y/Y increase.
Months of Supply: Supply levels increased to 1.37 months, indicating a moderately balanced market.
Shopping and Community Features
New Brighton is celebrated for its community-focused amenities and convenient shopping options:
Local Retail: The area is home to several local shops and cafes, providing residents with easy access to everyday essentials and dining options.
Nearby Amenities: New Brighton residents benefit from proximity to major retail hubs like 130th Avenue SE, featuring grocery stores, boutiques, and big-box retailers.
Recreational Facilities: The New Brighton Club offers a range of activities, including skating rinks, tennis courts, and fitness classes, enhancing the community's lifestyle appeal.
This combination of market activity and lifestyle amenities makes New Brighton an attractive choice for families, first-time buyers, and investors.
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