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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adonea is a neutral's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Adonea was a Seller's Market.

Key Takeaway

Adonea is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Adonea, CO

How much do homes in Adonea, CO cost?

Median Sold Price

$577,500

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$1,000(+0.2%)

Key Takeaway

The sold price of homes in Adonea has remained the same since last year.

Summary: The median home sold price in Adonea was $577,500 in August 2024, up 0.2% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $478.5K$440.5K
-7.9%
3 $574K$568K
-1.0%
4 $625K$600K
-4.0%
5+ $675K$647.5K
-4.1%

Summary: Adonea housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.9%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 4.1%.

Housing Supply in Adonea, CO

How many homes are available in Adonea, CO?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1921+10.5%

Summary: The Adonea real estate market had 21 homes for sale in August 2024, a 10.5% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 810
+25.0%
4 57
+40.0%
5+ 10
-100.0%

Summary: The Adonea housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adonea, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Adonea in August 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Adonea, CO

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

Average Sale Time

Aug 2023Aug 2024CHANGE
5 Days10 Days+100.0%

Summary: Homes in Adonea had an average of 10 days on market in Aug 2024, up by 100% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 3 homes were sold in Adonea; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 27 Days Ago

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MLS Disclaimers and Copyright

Based on information from REColorado for the period 09/01/2022 - 09/01/2024

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Last updated on: 9/28/2024, 1:57:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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