Your Local Market Report

Brighton, CO

Condos/Townhomes

First American Title | www.firstam.com/title/co



Brighton, CO

Tue Mar 02 2021
This week the median list price for Brighton, CO is $458,500 with the market action index hovering around 64. This is less than last month's market action index of 65. Inventory has held steady at or around 6. Click here to stay informed with the Brighton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since 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 Mar 02 2021
This week the median list price for Brighton, CO is $458,500 with the market action index hovering around 64. This is less than last month's market action index of 65. Inventory has held steady at or around 6. Click here to stay informed with the Brighton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since 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 $458,500
Per Square Foot $219
Days on Market 14
Price Decreased 0%
Price Increased 17%
Relisted 17%
Inventory 6
Median Rent $1,556
Most Expensive $629,720
Least Expensive $299,900
Market Action 64
Strong Seller's Market

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
$629,720 3,377 4,500 - 6,500 sqft 4 3 1 0 0 77
$564,500 3,148 4,500 - 6,500 sqft 4 3 0 0 0 98
$458,500 1,817 0 - 4,500 sqft 2 2 1 1 0 10
$357,400 1,341 0 - 4,500 sqft 2 2 10 1 0 3