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 buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

Dam East / West is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dam East / West, CO

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

Median Sold Price

$412,500

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$21,923(+5.6%)

Key Takeaway

Homes in Dam East / West have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Dam East / West was $412,500 in September 2024, up 5.6% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $251.4K$248.5K
-1.2%
2 $293K$327.4K
+11.8%
3 $417.5K$405K
-3.0%
4 $541.5K$428.7K
-20.8%
5+ $602.5K-
N/A

Summary: Dam East / West housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 11.8%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes did not change.

Housing Supply in Dam East / West, CO

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3334+3.0%

Summary: The Dam East / West real estate market had 34 homes for sale in September 2024, a 3.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 33
0.0%
2 46
+50.0%
3 1616
0.0%
4 97
-22.2%
5+ 12
+100.0%

Summary: The Dam East / West housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

0 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Dam East / West in September 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% 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

Sep 2023Sep 2024CHANGE
12 Days98 Days+720.8%

Summary: Homes in Dam East / West had an average of 98 days on market in Sep 2024, up by 720.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 September 2024, 2 homes were sold in Dam East / West; 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 Sep 1, 2024

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