First Integrity Title Market Report

Brighton, CO

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Brighton, CO

Tue Feb 19 2019
This week the median list price for Brighton, CO is $299,950 with the market action index hovering around 52. This is less than last month's market action index of 55. Inventory has held steady at or around 23. Click here to stay informed with the Brighton market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Brighton, CO

Tue Feb 19 2019
This week the median list price for Brighton, CO is $299,950 with the market action index hovering around 52. This is less than last month's market action index of 55. Inventory has held steady at or around 23. Click here to stay informed with the Brighton market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Brighton market.
Median List Price $299,950
Per Square Foot $163
Days on Market 56
Price Decreased 30%
Price Increased 0%
Relisted 9%
Inventory 23
Median Apartment Rent $1,794
Most Expensive $429,900
Least Expensive $249,999
Market Action Index
Strong Seller's Market
52

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$399,900 2,083 0 - 4,500 sqft 2 2 1 0 0 25
$317,450 1,840 0 - 4,500 sqft 2 2 14 0 0 60
$294,950 1,864 - 2 2 11 2 0 19
$262,450 1,214 - 2 2 15 2 1 115