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 November 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

$590,523

$353/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$40,727(-6.5%)

Key Takeaway

Homes in Englewood have sold for 6.5% less than they did a year ago.

Summary: The median home sold price in Englewood was $590,523 in November 2024, down 6.5% from last year, and the median price per square foot was $353.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $310K$305K
-1.6%
2 $450K$434K
-3.6%
3 $575K$565K
-1.7%
4 $801.9K$745K
-7.1%
5+ $1.8M$1.4M
-17.9%

Summary: Englewood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 17.9%.

Median Sold Price Compared To Nearby Cities

Littleton
+0.7%
Southwest Arapahoe
-4.9%
Englewood
-6.5%
Cherry Hills Village
-10.3%

Housing Supply in Englewood, CO

How many homes are available in Englewood, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
353328-7.1%

Summary: The Englewood real estate market had 328 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2119
-9.5%
2 8692
+7.0%
3 9180
-12.1%
4 8377
-7.2%
5+ 7260
-16.7%

Summary: The Englewood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.5%, 2 bedroom homes increased by 7%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7775-2.6%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

14 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. 49.3% of homes here sold below asking price last month.

Summary: A total of 75 homes were sold or pending in Englewood in November 2024, down by 2.6% month-over-month. Of the 75 sold homes, 49% were sold under asking, 32% were sold at asking, and 19% 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

Nov 2023Nov 2024CHANGE
15 Days45 Days+196.9%

Summary: Homes in Englewood had an average of 45 days on market in Nov 2024, up by 196.9% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 75 homes were sold in Englewood; 52% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 17% 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 2 Days Ago

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