Is Brighton, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Brighton has remained a Seller's Market.
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
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $187.2K | $273.8K | +46.3% |
2 Bedrooms | $377.5K | $375K | -0.7% |
3 Bedrooms | $494.9K | $487.9K | -1.4% |
4 Bedrooms | $569.9K | $547K | -4.0% |
5+ Bedrooms | $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 | $450K | $463.9K | +3.1% |
Brighton | $519.9K | $519.9K | 0% |
Lochbuie | $470K | $470K | 0.0% |
Commerce City | $525.9K | $521.2K | -0.9% |
Keenesburg-Hudson | $470K | $460K | -2.1% |
Housing Supply in Brighton, CO
How many homes are available in Brighton, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
418 | 437 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 18 | +50.0% |
3 Bedrooms | 185 | 182 | -1.6% |
4 Bedrooms | 165 | 173 | +4.8% |
5+ Bedrooms | 55 | 63 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
113 | 108 | -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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 48 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
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.