Is Englewood, 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, Englewood has remained a Seller's Market.
Housing Prices in Englewood, CO
How much do homes in Englewood, CO cost?
Median Sold Price
$636,625
$375/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Englewood was $636,625 in May 2024, up 4.4% from last year, and the median price per square foot was $375.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $317.5K | $300K | -5.5% |
2 Bedrooms | $455K | $460K | +1.1% |
3 Bedrooms | $549K | $567.5K | +3.4% |
4 Bedrooms | $745.4K | $837K | +12.3% |
5+ Bedrooms | $1.5M | $1.8M | +18.6% |
Summary: Englewood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 18.6%.
Median Sold Price Compared To Nearby Cities
Englewood | $610K | $636.6K | +4.4% |
Southwest Arapahoe | $659.6K | $685.9K | +4.0% |
Littleton | $630K | $650K | +3.2% |
Cherry Hills Village | $3.2M | $3.2M | 0.5% |
Housing Supply in Englewood, CO
How many homes are available in Englewood, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
257 | 329 | +28.0% |
Summary: The Englewood real estate market had 329 homes for sale in May 2024, a 28.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 15 | +15.4% |
2 Bedrooms | 58 | 70 | +20.7% |
3 Bedrooms | 73 | 95 | +30.1% |
4 Bedrooms | 50 | 76 | +52.0% |
5+ Bedrooms | 63 | 73 | +15.9% |
Summary: The Englewood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 30.1%, 4 bedroom homes increased by 52%, and 5+ bedroom homes increased by 15.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
71 | 78 | +9.9% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 78 homes were sold or pending in Englewood in May 2024, up by 9.9% month-over-month. Of the 78 sold homes, 47% were sold under asking, 26% were sold at asking, and 27% were sold over asking.
Days on Market for Englewood, CO
How long does it take to sell a home in Englewood, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 24 Days | +81.7% |
Summary: Homes in Englewood had an average of 24 days on market in May 2024, up by 81.7% compared to last year.
Breakdown of Home Sale Times
62 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 78 homes were sold in Englewood; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.