$4,572 Closing Credit*
$385,000
1,400 SqFt
3 Beds
•2 Full Baths, 1 Partial
Valentina Sandoval, Listing Office: LPT Realty
Is Brighton, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$527,306
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,306(+3.4%)
Key Takeaway
Homes in Brighton have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Brighton was $527,306 in October 2024, up 3.4% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $273.8K | N/A |
| 2 Bedrooms | $375K | $370K | -1.3% |
| 3 Bedrooms | $480K | $499.9K | +4.2% |
| 4 Bedrooms | $535K | $549.3K | +2.7% |
| 5+ Bedrooms | $614K | $629.8K | +2.6% |
Summary: Brighton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Cities
| Brighton | $510K | $527.3K | +3.4% |
| Commerce City | $510K | $524.9K | +2.9% |
| Lochbuie | $485.5K | $494.9K | +1.9% |
| Fort Lupton | $455K | $460K | +1.1% |
| Keenesburg-Hudson | $475K | $480K | +1.1% |
Housing Supply in Brighton, CO
How many homes are available in Brighton, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 462 | 494 | +6.9% |
Summary: The Brighton real estate market had 494 homes for sale in October 2024, a 6.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 30 | 31 | +3.3% |
| 3 Bedrooms | 170 | 190 | +11.8% |
| 4 Bedrooms | 164 | 173 | +5.5% |
| 5+ Bedrooms | 98 | 100 | +2.0% |
Summary: The Brighton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 100 | 110 | +10.0% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
48 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brighton, expect to pay close to the asking price. 43.6% of homes here sold near the asking price last month.
Summary: A total of 110 homes were sold or pending in Brighton in October 2024, up by 10.0% month-over-month. Of the 110 sold homes, 36% were sold under asking, 44% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 63 Days | +56.2% |
Summary: Homes in Brighton had an average of 63 days on market in Oct 2024, up by 56.2% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
52 Homes Were Sold
In 30 - 90 Days
25 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Brighton has remained consistent over time.
Summary: During October 2024, 110 homes were sold in Brighton; 30% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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