The average price of a city home is £314,018, according to the latest Land Registry data for May.
And the price of an average terrace house - £382,940 – has never been higher.
Official data shows a total of 400 homes - with an aggregate value of £125.6 million - were bought and sold in Brighton and Hove in May.
The detailed breakdown for each type of property sold was:
29 detached homes, with a total value of £14,942,900 and an average price of £515,272. The most expensive - at £1,970,000 - was 13 Tongdean Road, Hove, BN3 6QB;
65 semi-detached homes, with a total value of £26,017,624 and an average price of £394,206. The most expensive - at £1,180,000 - was 5B Powis Grove, Brighton, BN1 3HF;
90 terrace homes, with a total value of £34,464,630 and an average price of £382,940. The most expensive - at £1,780,000 - was 102 Marine Parade, Brighton, BN2 1AT;
216 flats and apartments, with a total value of £50,182,243 and an average price of £232,325. The most expensive - at £610,000 - was Flat 12, Fitzharding House, Marine Parade, Brighton, BN2 1AJ.
The 20 most expensive homes in May
£1,970,000 13 Tongdean Road, Hove, BN3 6QB (Detached)
£1,780,000 102 Marine Parade, Brighton, BN2 1AT (Terrace)
£1,250,000 4 Roedean Heights, Brighton, BN2 5SA (Detached)
£1,180,000 5B Powis Grove, Brighton, BN1 3HF (Semi-detached)
£1,100,000 7A Basement Flat, Portland Place, Brighton, BN2 1DG (Terrace)
£1,085,000 32 Pembroke Crescent, Hove, BN3 5DD (Semi-detached)
£975,000 24A The Cliff, Brighton, BN2 5RE (Detached)
£945,000 35 Sackville Gardens, Hove, BN3 4GJ (Semi-detached)
£870,774 22 Rutland Gardens, Hove, BN3 5PB (Semi-detached)
£852,500 4 Eastern Terrace Mews, Brighton, BN2 1EP (Terrace)
£797,000 59 Florence Road, Brighton, BN1 6DL (Semi-detached)
£790,000 15 Windlesham Road, Brighton, BN1 3AG (Semi-detached)
£750,000 Bazehill House, Bazehill Road, Rottingdean, Brighton, BN2 7DB (Semi-detached)
£715,000 165 New Church Road, Hove, BN3 4DB (Detached)
£700,000 27 Trafalgar Gate, Brighton Marina Village, Brighton, BN2 5UY (Terrace)
£610,00 Flat 12, Fitzharding House, 84-85 Marine Parade, Brighton, BN2 1AJ
£600,000 Flat 1, Lower Ground Floor, 43 Sussex Square, Brighton, BN2 1GE (Flat/apartment)
£600,000 Collifields, Braypool Lane, Patcham, Brighton, BN1 8ZH (Semi-detached)
£595,000 18 Lower Rock Gardens, Brighton, BN2 1PG (Terrace)
£592,000 127 Waldegrave Road, Brighton, BN1 6GJ (Terrace)