Is Brighton, MO 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 Last Month

Since last month, 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, MO

How much do homes in Brighton, MO cost?

Median Sold Price

$295,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

-$117,000(-28.4%)

Key Takeaway

Homes in Brighton have sold for 28.4% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $412K$295K
-28.4%
5+ --
N/A

Summary: Brighton housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 28.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

East Looney Township
-25.5%
Brighton
-28.4%

Housing Supply in Brighton, MO

How many homes are available in Brighton, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
23+50.0%

Summary: The Brighton real estate market had 3 homes for sale in March 2024, a 50.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 01
+100.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Brighton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brighton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Brighton in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Brighton, MO

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

Average Sale Time

Feb 2024Mar 2024CHANGE
14 Days194 Days+1285.7%

Summary: Homes in Brighton had an average of 194 days on market in Mar 2024, up by 1285.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Brighton; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 26 Days Ago

Newest Listings in Brighton, MO

Nearby Markets to Brighton, MO