$10,000 Closing Credit*
$1,000,000
2,090 SqFt
3 Beds
•1 Full Bath, 2 Partial
Jim Foster, Listing Office: Brokers Guild Homes
Is Aspen Park, 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, Aspen Park was a Neutral Market.
Key Takeaway
Aspen Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Aspen Park, CO
How much do homes in Aspen Park, CO cost?
Median Sold Price
$780,000
$361/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$35,500(-4.4%)
Key Takeaway
Homes in Aspen Park have sold for 4.4% less than they did a year ago.
Summary: The median home sold price in Aspen Park was $780,000 in October 2024, down 4.4% from last year, and the median price per square foot was $361.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $349K | N/A |
| 2 Bedrooms | $569.6K | $655K | +15.0% |
| 3 Bedrooms | $780K | $785K | +0.6% |
| 4 Bedrooms | $838K | $944.5K | +12.7% |
| 5+ Bedrooms | $1.2M | $702.5K | -42.9% |
Summary: Aspen Park 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 15%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes decreased by 42.9%.
Housing Supply in Aspen Park, CO
How many homes are available in Aspen Park, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 27 | -15.6% |
Summary: The Aspen Park real estate market had 27 homes for sale in October 2024, a 15.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Aspen Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Aspen Park, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Aspen Park in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 0% were sold under asking, 60% were sold at asking, and 40% were sold over asking.
Days on Market for Aspen Park, CO
How long does it take to sell a home in Aspen Park, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 19 Days | -19.2% |
Summary: Homes in Aspen Park had an average of 19 days on market in Oct 2024, down by 19.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Aspen Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Aspen Park; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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