Is Brighton, WA 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, WA

How much do homes in Brighton, WA cost?

Median Sold Price

$651,475

$394/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$13,975(+2.2%)

Key Takeaway

Homes in Brighton have sold for 2.2% more than they did a month ago.

Summary: The median home sold price in Brighton was $651,475 in November 2024, up 2.2% from last month, and the median price per square foot was $394.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $549.9K$460K
-16.4%
3 $677.5K$851.5K
+25.7%
4 $937.5K$599.9K
-36.0%
5+ --
N/A

Summary: Brighton housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.4%, 3 bedroom homes increased by 25.7%, 4 bedroom homes decreased by 36%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Wildwood
+72.1%
Brighton
+2.2%

Housing Supply in Brighton, WA

How many homes are available in Brighton, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2521-16.0%

Summary: The Brighton real estate market had 21 homes for sale in November 2024, a 16.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 118
-27.3%
4 88
0.0%
5+ 11
0.0%

Summary: The Brighton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 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. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Brighton in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Brighton, WA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
34 Days50 Days+47.0%

Summary: Homes in Brighton had an average of 50 days on market in Nov 2024, up by 47% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Brighton; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 17 Days Ago

Newest Listings in Brighton, WA

Nearby Markets to Brighton, WA