Busy, busy Brighton remains one of Boston's more affordable neighborhoods, though prices have generally scaled upward during the past decade and a half, following a path that so many other enclaves in the city have trod.
A new analysis from real estate research site NeighborhoodX takes in closed sales for market-rate condos in Brighton for every March from 2001 to 2016, and churns out results such as these: The average sales price for a Brighton condo was $243 a square foot in March 2001 and was $510 in March of this year. That represents an increase of 127 percent. (NeighborhoodX's figures are not adjusted for inflation, but are meant as absolutes for comparison.)
Check out the chart below to see how wide, and how narrow, the gulf between the two extremes of Brighton condo sales have been during March going back to 2001. Note, too, how the lower end averaged $180 a square foot in March 2001, and $463 this year. And how the lower and higher ends in 2014, 2015 and 2016 were not separated by particularly titanic amounts.
A final note: NeighborhoodX did not include 2000 in its analysis because there was only one market-rate condo sale that March in Brighton. It clocked in at $243 a square foot.
- Brighton: March 2001-2016 [NeighborhoodX]
- The Five Boston Neighborhoods Everyone Should Be Watching [Curbed Boston]
- Jamaica Plain Condo Prices: How They've Changed Since 2000 [Curbed Boston]