Is Douglas County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglas County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Douglas County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Douglas County, CO

How much do homes in Douglas County, CO cost?

Median Sold Price

$700,526

$289/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$24,390(-3.4%)

Key Takeaway

Homes in Douglas County have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in Douglas County was $700,526 in October 2024, down 3.4% from last year, and the median price per square foot was $289.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $320K$302K
-5.6%
2 $460K$469K
+2.0%
3 $608.8K$605.5K
-0.5%
4 $749.4K$746.7K
-0.4%
5+ $916.6K$928.3K
+1.3%

Summary: Douglas County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Counties

Teller County
+6.8%
Jefferson County
-1.6%
Arapahoe County
-1.9%
Douglas County
-3.4%

Housing Supply in Douglas County, CO

How many homes are available in Douglas County, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2,5092,645+5.4%

Summary: The Douglas County real estate market had 2,645 homes for sale in October 2024, a 5.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1615
-6.3%
2 223248
+11.2%
3 777764
-1.7%
4 817914
+11.9%
5+ 676704
+4.1%

Summary: The Douglas County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 11.2%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 4.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
471499+5.9%

Asking Price vs. Sold Price

291 Homes Were Sold
Under Asking

129 Homes Were Sold
At Asking

79 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglas County, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 499 homes were sold or pending in Douglas County in October 2024, up by 5.9% month-over-month. Of the 499 sold homes, 58% were sold under asking, 26% were sold at asking, and 16% were sold over asking.

Days on Market for Douglas County, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days51 Days+98.3%

Summary: Homes in Douglas County had an average of 51 days on market in Oct 2024, up by 98.3% compared to last year.

Breakdown of Home Sale Times

247 Homes Were Sold
Under 30 Days

161 Homes Were Sold
In 30 - 90 Days

91 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 499 homes were sold in Douglas County; 49% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 18% 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 16 Days Ago

Newest Listings in Douglas County, CO

Nearby Markets to Douglas County, CO

What housing markets are near Douglas County, CO?