Is Brighton, MI 48116 a buyer’s or seller’s market?
Brighton is a seller’s market. With about 1.4 months of supply and 42% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.4Under 4 months = seller’s market
Sold above original list41.6%Share of sales, last 3 months
Median sale-to-list100.6%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$216▲ +7.7% vs. last year
Run the numbers for 48116
Nearby markets
Brighton 48114Seller’s market $213 /sq ftCohoctah 48816 $160 /sq ftFenton 48430Seller’s market $210 /sq ftFowlerville 48836Seller’s market $187 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology