Is Dam East / West, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dam East / West is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Dam East / West was a Seller's Market.

Key Takeaway

Dam East / West 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 Dam East / West, CO

How much do homes in Dam East / West, CO cost?

Median Sold Price

$420,000

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+5.0%)

Key Takeaway

Homes in Dam East / West have sold for 5% more than they did a year ago.

Summary: The median home sold price in Dam East / West was $420,000 in November 2024, up 5% from last year, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $251.4K$245.2K
-2.5%
2 $293K$415K
+41.6%
3 $418.7K$417.5K
-0.3%
4 $565K$469K
-17.0%
5+ $625K$630K
+0.8%

Summary: Dam East / West housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.5%, 2 bedroom homes increased by 41.6%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes increased by 0.8%.

Median Sold Price Compared To Nearby Neighborhoods

Dam East / West
+5.0%
The Dam East
-16.5%

Housing Supply in Dam East / West, CO

How many homes are available in Dam East / West, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3937-5.1%

Summary: The Dam East / West real estate market had 37 homes for sale in November 2024, a 5.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 79
+28.6%
3 1814
-22.2%
4 89
+12.5%
5+ 33
0.0%

Summary: The Dam East / West housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
126-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dam East / West, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Dam East / West in November 2024, down by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Dam East / West, CO

How long does it take to sell a home in Dam East / West, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
8 Days15 Days+97.9%

Summary: Homes in Dam East / West had an average of 15 days on market in Nov 2024, up by 97.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Dam East / West; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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