Monday, November 14, 2011

Brighton Michigan Housing Market Snapshot-Nov 2011

Brighton, Michigan is located in Livingston County, roughly at the crossroads of US-23 and I-96. It is between Flint and Ann Arbor on a north-south line, and between Lansing and Detroit on an east-west line. The Brighton area consists of the City of Brighton as well as parts of the surrounding Townships of Green Oak, Hamburg, Genoa, Hartland and Brighton Township. Homes in Brighton Michigan seem to consistently be more desirable than many other homes in Livingston County.


Brighton has a vibrant downtown area with a number of restaurants serving a variety of cuisines, small specialty shops, a large children’s play area - the Imagination Station - and is centered by the Mill Pond. There is a gazebo at the Mill Pond, as well as a renovated Village Cemetery, and if you feel like walking you can stroll on the boardwalk and ‘tridge’ to get around the downtown area. There are many civic events in the downtown area all year round, and commercial interest remains very high for restaurateurs, office space and retailers.

This snapshot will be for homes in the City of Brighton. Right now, there are 132 active residential properties. They have been on the market for an average of 123 days and range in price from $24,000 at the low end, to $364,900 at the high end. The average list price is $149,482 and the median list price is $146,250.

In the last 12 months, 72 homes have sold ranging from $25,100 to $390,000. The sold properties were on the market for an average of 117 days and the average sales price was $144,348 and the median sales price was $143,500.

Brighton has a variety of home style and ages. Established neighborhoods have homes going back 100 years right up to newer subdivisions built within the last 10-15 years. All homes in the city limits have municipal water and sanitary sewer, and all are on paved roads.

No comments: