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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adonea is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Adonea was a Seller's Market.

Key Takeaway

Adonea is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Adonea, CO

How much do homes in Adonea, CO cost?

Median Sold Price

$460,000

$312/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$137,500(-23.0%)

Key Takeaway

Homes in Adonea have sold for 23% less than they did a month ago.

Summary: The median home sold price in Adonea was $460,000 in November 2024, down 23% from last month, and the median price per square foot was $312.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $577.5K$460K
-20.3%
4 $622.5K-
N/A
5+ --
N/A

Summary: Adonea housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 20.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Adonea, CO

How many homes are available in Adonea, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2119-9.5%

Summary: The Adonea real estate market had 19 homes for sale in November 2024, a 9.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1210
-16.7%
4 64
-33.3%
5+ 01
+100.0%

Summary: The Adonea housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adonea, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Adonea in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Oct 2024Nov 2024CHANGE
28 Days76 Days+171.4%

Summary: Homes in Adonea had an average of 76 days on market in Nov 2024, up by 171.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Adonea has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Adonea; 0% of homes were sold within 30 days, 100% 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 22 Days Ago

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MLS Disclaimers and Copyright

Based on information from REColorado for the period 10/01/2024 - 12/01/2024

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Last updated on: 12/22/2024, 10:12:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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