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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Firestone is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Firestone, CO

How much do homes in Firestone, CO cost?

Median Sold Price

$585,000

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+3.5%)

Key Takeaway

Homes in Firestone have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Firestone was $585,000 in October 2024, up 3.5% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $406.2K$578.7K
+42.4%
3 $533K$535K
0.4%
4 $585K$587.4K
0.4%
5+ $625K$685K
+9.6%

Summary: Firestone housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.4%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 9.6%.

Median Sold Price Compared To Nearby Cities

Johnstown-Milliken
+9.3%
Firestone
+3.5%
Erie-Frederick
+2.2%
Frederick
+1.0%
Mead
-3.7%

Housing Supply in Firestone, CO

How many homes are available in Firestone, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9786-11.3%

Summary: The Firestone real estate market had 86 homes for sale in October 2024, a 11.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2925
-13.8%
4 3933
-15.4%
5+ 2423
-4.2%

Summary: The Firestone housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 4.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3317-48.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Firestone, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.

Summary: A total of 17 homes were sold or pending in Firestone in October 2024, down by 48.5% month-over-month. Of the 17 sold homes, 29% were sold under asking, 47% were sold at asking, and 24% were sold over asking.

Days on Market for Firestone, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days38 Days-3.0%

Summary: Homes in Firestone had an average of 38 days on market in Oct 2024, down by 3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 17 homes were sold in Firestone; 47% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 12% 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 Firestone, CO

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