$10,000 Closing Credit*
$995,000
4,581 SqFt
5 Beds
•1 Full Bath, 3 Partial
Julie Auch, Listing Office: Legacy 100 Real Estate Partners LLC
Is Applewood, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Applewood was a Seller's Market.
Key Takeaway
Applewood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Applewood, CO
How much do homes in Applewood, CO cost?
Median Sold Price
$761,500
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,500(+1.5%)
Key Takeaway
Homes in Applewood have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Applewood was $761,500 in October 2024, up 1.5% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $300K | N/A |
| 2 Bedrooms | $350K | $355K | +1.4% |
| 3 Bedrooms | $675K | $650K | -3.7% |
| 4 Bedrooms | $855.5K | $869.9K | +1.7% |
| 5+ Bedrooms | $1.6M | $986.5K | -38.3% |
Summary: Applewood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 38.3%.
Housing Supply in Applewood, CO
How many homes are available in Applewood, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 58 | +9.4% |
Summary: The Applewood real estate market had 58 homes for sale in October 2024, a 9.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Applewood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Applewood, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Applewood in October 2024, down by 42.9% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Applewood, CO
How long does it take to sell a home in Applewood, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 52 Days | +923.3% |
Summary: Homes in Applewood had an average of 52 days on market in Oct 2024, up by 923.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Applewood has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Applewood; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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