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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berthoud is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, Berthoud has remained a Neutral Market.

Key Takeaway

Berthoud 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 Berthoud, CO

How much do homes in Berthoud, CO cost?

Median Sold Price

$605,000

$305/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$18,483(-3.0%)

Key Takeaway

Homes in Berthoud have sold for 3% less than they did a year ago.

Summary: The median home sold price in Berthoud was $605,000 in November 2024, down 3% from last year, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$399.9K
N/A
2 $425K$432.7K
+1.8%
3 $562K$500K
-11.0%
4 $667.5K$653.1K
-2.2%
5+ $806K$786.9K
-2.4%

Summary: Berthoud 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 1.8%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Cities

Johnstown-Milliken
+10.0%
Loveland
+1.3%
Berthoud
-3.0%
Berthoud
-3.3%

Housing Supply in Berthoud, CO

How many homes are available in Berthoud, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
222221-0.5%

Summary: The Berthoud real estate market had 221 homes for sale in November 2024, a 0.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 1416
+14.3%
3 9891
-7.1%
4 6970
+1.4%
5+ 3841
+7.9%

Summary: The Berthoud 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 14.3%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 7.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4432-27.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berthoud, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 32 homes were sold or pending in Berthoud in November 2024, down by 27.3% month-over-month. Of the 32 sold homes, 41% were sold under asking, 50% were sold at asking, and 9% were sold over asking.

Days on Market for Berthoud, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
47 Days67 Days+42.3%

Summary: Homes in Berthoud had an average of 67 days on market in Nov 2024, up by 42.3% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 32 homes were sold in Berthoud; 47% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 38% 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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