Is Aspen Park, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aspen Park is a seller's market

Buyer's
Market

Difference Since November 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

$751,000

$366/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$87,000(-10.4%)

Key Takeaway

Homes in Aspen Park have sold for 10.4% less than they did a year ago.

Summary: The median home sold price in Aspen Park was $751,000 in November 2024, down 10.4% from last year, and the median price per square foot was $366.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$349K
N/A
2 $599.8K$660K
+10.0%
3 $685K$785K
+14.6%
4 $867.5K$939K
+8.2%
5+ $1.2M$702.5K
-42.9%

Summary: Aspen Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 8.2%, 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

Oct 2024Nov 2024CHANGE
2321-8.7%

Summary: The Aspen Park real estate market had 21 homes for sale in November 2024, a 8.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 55
0.0%
4 97
-22.2%
5+ 66
0.0%

Summary: The Aspen Park 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 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 Aspen Park, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Aspen Park in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
187 Days55 Days-70.6%

Summary: Homes in Aspen Park had an average of 55 days on market in Nov 2024, down by 70.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Aspen Park; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

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