Is Superior, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Superior is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Superior has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Superior, CO

How much do homes in Superior, CO cost?

Median Sold Price

$832,500

$341/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$19,500(+2.4%)

Key Takeaway

Homes in Superior have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Superior was $832,500 in May 2024, up 2.4% from last year, and the median price per square foot was $341.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $325K$350K
+7.7%
2 $500K$427K
-14.6%
3 $781K$749K
-4.1%
4 $875K$930K
+6.3%
5+ $1.0M$1.0M
+2.6%

Summary: Superior housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 14.6%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Cities

Northeast Jefferson
+4.1%
Superior
+2.4%
Lafayette-Louisville
+2.2%
Broomfield
+2.1%

Housing Supply in Superior, CO

How many homes are available in Superior, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
9093+3.3%

Summary: The Superior real estate market had 93 homes for sale in May 2024, a 3.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1922
+15.8%
3 2725
-7.4%
4 1925
+31.6%
5+ 2521
-16.0%

Summary: The Superior housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.8%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes decreased by 16%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1718+5.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Superior, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 18 homes were sold or pending in Superior in May 2024, up by 5.9% month-over-month. Of the 18 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for Superior, CO

How long does it take to sell a home in Superior, CO?

Average Sale Time

May 2023May 2024CHANGE
51 Days23 Days-54.4%

Summary: Homes in Superior had an average of 23 days on market in May 2024, down by 54.4% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Superior are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 18 homes were sold in Superior; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% 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 1 Day Ago

Newest Listings in Superior, CO

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