Is Brighton, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brighton is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Brighton has remained a Seller's Market.

Key Takeaway

Brighton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brighton, CO

How much do homes in Brighton, CO cost?

Median Sold Price

$519,900

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$88(0%)

Key Takeaway

The sold price of homes in Brighton has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $187.2K$273.8K
+46.3%
2 $377.5K$375K
-0.7%
3 $494.9K$487.9K
-1.4%
4 $569.9K$547K
-4.0%
5+ $677.5K$630K
-7.0%

Summary: Brighton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.3%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 7%.

Median Sold Price Compared To Nearby Cities

Fort Lupton
+3.1%
Brighton
0%
Lochbuie
0.0%
Commerce City
-0.9%
Keenesburg-Hudson
-2.1%

Housing Supply in Brighton, CO

How many homes are available in Brighton, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
418437+4.5%

Summary: The Brighton real estate market had 437 homes for sale in March 2024, a 4.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1218
+50.0%
3 185182
-1.6%
4 165173
+4.8%
5+ 5563
+14.5%

Summary: The Brighton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 14.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
113108-4.4%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

49 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brighton, expect to pay close to the asking price. 45.4% of homes here sold near the asking price last month.

Summary: A total of 108 homes were sold or pending in Brighton in March 2024, down by 4.4% month-over-month. Of the 108 sold homes, 27% were sold under asking, 45% were sold at asking, and 28% were sold over asking.

Days on Market for Brighton, CO

How long does it take to sell a home in Brighton, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
55 Days48 Days-11.8%

Summary: Homes in Brighton had an average of 48 days on market in Mar 2024, down by 11.8% compared to last year.

Breakdown of Home Sale Times

63 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brighton are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 108 homes were sold in Brighton; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Brighton, CO

Nearby Markets to Brighton, CO

What housing markets are near Brighton, CO?