Is Columbine West, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbine West is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Columbine West has remained a Seller's Market.

Key Takeaway

Columbine West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Columbine West, CO

How much do homes in Columbine West, CO cost?

Median Sold Price

$570,000

$301/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,550(+4.1%)

Key Takeaway

Homes in Columbine West have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Columbine West was $570,000 in November 2024, up 4.1% from last year, and the median price per square foot was $301.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $370K$435.4K
+17.7%
3 $545K$515K
-5.5%
4 $625K$625K
0.0%
5+ $725K$625K
-13.8%

Summary: Columbine West 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 17.7%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 13.8%.

Housing Supply in Columbine West, CO

How many homes are available in Columbine West, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3121-32.3%

Summary: The Columbine West real estate market had 21 homes for sale in November 2024, a 32.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 127
-41.7%
4 106
-40.0%
5+ 44
0.0%

Summary: The Columbine West 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 decreased by 20%, 3 bedroom homes decreased by 41.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbine West, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Columbine West in November 2024, down by 36.4% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Columbine West, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days53 Days+96.3%

Summary: Homes in Columbine West had an average of 53 days on market in Nov 2024, up by 96.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Columbine West; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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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