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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brush is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Brush, CO

How much do homes in Brush, CO cost?

Median Sold Price

$310,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,000(+5.1%)

Key Takeaway

Homes in Brush have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Brush was $310,000 in March 2024, up 5.1% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $200K$250K
+25.0%
2 $215K$227.5K
+5.8%
3 $265K$276.5K
+4.3%
4 $369.5K$384K
+3.9%
5+ $470K$500K
+6.4%

Summary: Brush housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 6.4%.

Housing Supply in Brush, CO

How many homes are available in Brush, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2932+10.3%

Summary: The Brush real estate market had 32 homes for sale in March 2024, a 10.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 58
+60.0%
3 1614
-12.5%
4 35
+66.7%
5+ 55
0.0%

Summary: The Brush 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 60%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brush, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Brush in March 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.

Days on Market for Brush, CO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
46 Days86 Days+84.1%

Summary: Homes in Brush had an average of 86 days on market in Mar 2024, up by 84.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Brush are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 7 homes were sold in Brush; 29% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 71% 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 27 Days Ago

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