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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Florissant is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Florissant has remained a Buyer's Market.

Key Takeaway

Florissant is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Florissant, CO

How much do homes in Florissant, CO cost?

Median Sold Price

$475,000

$287/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$40,000(-7.8%)

Key Takeaway

Homes in Florissant have sold for 7.8% less than they did a year ago.

Summary: The median home sold price in Florissant was $475,000 in October 2024, down 7.8% from last year, and the median price per square foot was $287.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $330K$289.5K
-12.3%
2 $439K$387.5K
-11.7%
3 $500.7K$510K
+1.8%
4 $590K$535K
-9.3%
5+ -$2.0M
N/A

Summary: Florissant housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.3%, 2 bedroom homes decreased by 11.7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes did not change.

Housing Supply in Florissant, CO

How many homes are available in Florissant, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
113129+14.2%

Summary: The Florissant real estate market had 129 homes for sale in October 2024, a 14.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 2929
0.0%
3 6074
+23.3%
4 1315
+15.4%
5+ 66
0.0%

Summary: The Florissant 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 increased by 23.3%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Florissant, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Florissant in October 2024, down by 50.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Florissant, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days45 Days+55.2%

Summary: Homes in Florissant had an average of 45 days on market in Oct 2024, up by 55.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Florissant; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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

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