$4,691 Closing Credit*
$395,000
1,786 SqFt
4 Beds
•1 Full Bath, 1 Partial
Julie Atkinson, Listing Office: RE/MAX ACCORD
Is East Adams, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, East Adams was a Buyer's Market.
Key Takeaway
East Adams is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Adams, CO
How much do homes in East Adams, CO cost?
Median Sold Price
$435,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$40,000(-8.4%)
Key Takeaway
Homes in East Adams have sold for 8.4% less than they did a year ago.
Summary: The median home sold price in East Adams was $435,000 in November 2024, down 8.4% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $315K | N/A |
| 2 Bedrooms | $504K | $388.5K | -22.9% |
| 3 Bedrooms | $463K | $425K | -8.2% |
| 4 Bedrooms | $475K | $532.4K | +12.1% |
| 5+ Bedrooms | $600K | $780K | +30.0% |
Summary: East Adams 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 decreased by 22.9%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 30%.
Median Sold Price Compared To Nearby Cities
| Strasburg | $499.9K | $560K | +12.0% |
| East Arapahoe | $600K | $601.3K | 0.2% |
| East Adams | $475K | $435K | -8.4% |
| Bennett | $478K | $425K | -11.1% |
Housing Supply in East Adams, CO
How many homes are available in East Adams, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 102 | 95 | -6.9% |
Summary: The East Adams real estate market had 95 homes for sale in November 2024, a 6.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 57 | 50 | -12.3% |
| 4 Bedrooms | 32 | 33 | +3.1% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The East Adams 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 14.3%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 22 | -18.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Adams, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in East Adams in November 2024, down by 18.5% month-over-month. Of the 22 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.
Days on Market for East Adams, CO
How long does it take to sell a home in East Adams, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 53 Days | +137.8% |
Summary: Homes in East Adams had an average of 53 days on market in Nov 2024, up by 137.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in East Adams has remained consistent over time.
Summary: During November 2024, 22 homes were sold in East Adams; 32% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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