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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brighton East Farms is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Brighton East Farms has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Brighton East Farms, CO

How much do homes in Brighton East Farms, CO cost?

Median Sold Price

$554,000

$239/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$14,000(+2.6%)

Key Takeaway

Homes in Brighton East Farms have sold for 2.6% more than they did a month ago.

Summary: The median home sold price in Brighton East Farms was $554,000 in October 2024, up 2.6% from last month, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $540K$500.5K
-7.3%
4 $478K$610K
+27.6%
5+ $605K$552K
-8.8%

Summary: Brighton East Farms housing prices by bedroom type for October 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 decreased by 7.3%, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes decreased by 8.8%.

Housing Supply in Brighton East Farms, CO

How many homes are available in Brighton East Farms, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3129-6.5%

Summary: The Brighton East Farms real estate market had 29 homes for sale in October 2024, a 6.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1212
0.0%
4 78
+14.3%
5+ 117
-36.4%

Summary: The Brighton East Farms 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 36.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brighton East Farms, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Brighton East Farms in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 14% were sold under asking, 57% were sold at asking, and 29% were sold over asking.

Days on Market for Brighton East Farms, CO

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

Average Sale Time

Sep 2024Oct 2024CHANGE
50 Days50 Days0.0%

Summary: Homes in Brighton East Farms had an average of 50 days on market in Oct 2024, the same as last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Brighton East Farms has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Brighton East Farms; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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

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