Is Englewood, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Englewood is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Englewood, CO

How much do homes in Englewood, CO cost?

Median Sold Price

$591,940

$353/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$21,559(-3.5%)

Key Takeaway

Homes in Englewood have sold for 3.5% less than they did a year ago.

Summary: The median home sold price in Englewood was $591,940 in December 2024, down 3.5% from last year, and the median price per square foot was $353.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $307.5K$302K
-1.8%
2 $436K$430K
-1.4%
3 $563.5K$566.8K
+0.6%
4 $775K$745K
-3.9%
5+ $1.7M$1.3M
-20.9%

Summary: Englewood housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 20.9%.

Median Sold Price Compared To Nearby Cities

Littleton
0.5%
Englewood
-3.5%
Southwest Arapahoe
-3.9%
Cherry Hills Village
-10.3%

Housing Supply in Englewood, CO

How many homes are available in Englewood, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
283233-17.7%

Summary: The Englewood real estate market had 233 homes for sale in December 2024, a 17.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 1611
-31.3%
2 7463
-14.9%
3 6961
-11.6%
4 7256
-22.2%
5+ 5242
-19.2%

Summary: The Englewood housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 31.3%, 2 bedroom homes decreased by 14.9%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 19.2%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
7665-14.5%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Englewood, you may be able to get a good deal. 55.4% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in Englewood in December 2024, down by 14.5% month-over-month. Of the 65 sold homes, 55% were sold under asking, 25% were sold at asking, and 20% were sold over asking.

Days on Market for Englewood, CO

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

Average Sale Time

Dec 2023Dec 2024CHANGE
33 Days58 Days+73.0%

Summary: Homes in Englewood had an average of 58 days on market in Dec 2024, up by 73% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Englewood has remained consistent over time.

Summary: During December 2024, 65 homes were sold in Englewood; 38% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 20% 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 4 Days Ago

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