Is Central Platte Valley & Prospect, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Central Platte Valley & Prospect is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Central Platte Valley & Prospect has remained a Buyer's Market.

Key Takeaway

Central Platte Valley & Prospect is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Central Platte Valley & Prospect, CO

How much do homes in Central Platte Valley & Prospect, CO cost?

Median Sold Price

$715,000

$628/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$42,500(+6.3%)

Key Takeaway

Homes in Central Platte Valley & Prospect have sold for 6.3% more than they did a month ago.

Summary: The median home sold price in Central Platte Valley & Prospect was $715,000 in December 2024, up 6.3% from last month, and the median price per square foot was $628.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 $385K$525K
+36.4%
2 $672.5K$905K
+34.6%
3 $1.7M-
N/A
4 --
N/A
5+ --
N/A

Summary: Central Platte Valley & Prospect housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes increased by 36.4%, 2 bedroom homes increased by 34.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Central Platte Valley & Prospect
+6.3%
The Commons
-3.4%

Housing Supply in Central Platte Valley & Prospect, CO

How many homes are available in Central Platte Valley & Prospect, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3331-6.1%

Summary: The Central Platte Valley & Prospect real estate market had 31 homes for sale in December 2024, a 6.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 99
0.0%
2 1817
-5.6%
3 65
-16.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Central Platte Valley & Prospect housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Central Platte Valley & Prospect, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Central Platte Valley & Prospect in December 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Central Platte Valley & Prospect, CO

How long does it take to sell a home in Central Platte Valley & Prospect, CO?

Average Sale Time

Nov 2024Dec 2024CHANGE
125 Days130 Days+4.2%

Summary: Homes in Central Platte Valley & Prospect had an average of 130 days on market in Dec 2024, up by 4.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Central Platte Valley & Prospect has remained consistent over time.

Summary: During December 2024, 2 homes were sold in Central Platte Valley & Prospect; 0% of homes were sold within 30 days, 50% 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 1 Day Ago

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