Is Adams County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Adams County has remained a Seller's Market.
Housing Prices in Adams County, CO
How much do homes in Adams County, CO cost?
Median Sold Price
$513,808
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Adams County was $513,808 in May 2024, up 1.8% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $226K | $226.5K | 0.2% |
2 Bedrooms | $375K | $394.3K | +5.2% |
3 Bedrooms | $490.6K | $489.1K | -0.3% |
4 Bedrooms | $560K | $557.3K | -0.5% |
5+ Bedrooms | $625.3K | $630K | +0.7% |
Summary: Adams County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 5.2%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Counties
Jefferson County | $630.4K | $651K | +3.3% |
Adams County | $504.9K | $513.8K | +1.8% |
Broomfield County | $623.6K | $634K | +1.7% |
Arapahoe County | $542.7K | $542.6K | 0% |
Denver County | $688.1K | $663.6K | -3.6% |
Housing Supply in Adams County, CO
How many homes are available in Adams County, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2,215 | 2,596 | +17.2% |
Summary: The Adams County real estate market had 2,596 homes for sale in May 2024, a 17.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 30 | 41 | +36.7% |
2 Bedrooms | 294 | 362 | +23.1% |
3 Bedrooms | 935 | 1,092 | +16.8% |
4 Bedrooms | 646 | 750 | +16.1% |
5+ Bedrooms | 310 | 351 | +13.2% |
Summary: The Adams County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 36.7%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 13.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
552 | 671 | +21.6% |
Asking Price vs. Sold Price
224 Homes Were Sold
Under Asking
214 Homes Were Sold
At Asking
233 Homes Were Sold
Over Asking
Summary: A total of 671 homes were sold or pending in Adams County in May 2024, up by 21.6% month-over-month. Of the 671 sold homes, 33% were sold under asking, 32% were sold at asking, and 35% were sold over asking.
Days on Market for Adams County, CO
How long does it take to sell a home in Adams County, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 32 Days | +106.0% |
Summary: Homes in Adams County had an average of 32 days on market in May 2024, up by 106% compared to last year.
Breakdown of Home Sale Times
462 Homes Were Sold
Under 30 Days
149 Homes Were Sold
In 30 - 90 Days
60 Homes Were Sold
Over 90 Days
Summary: During May 2024, 671 homes were sold in Adams County; 69% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.