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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Frederick is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Frederick, CO

How much do homes in Frederick, CO cost?

Median Sold Price

$545,000

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$20,000(-3.5%)

Key Takeaway

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

Summary: The median home sold price in Frederick was $545,000 in May 2024, down 3.5% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $290K-
N/A
2 $400K$405K
+1.3%
3 $500K$511K
+2.2%
4 $595.4K$590K
-0.9%
5+ $660K$700K
+6.1%

Summary: Frederick housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Cities

Firestone
+5.1%
Dacono
+5.0%
Erie
+0.7%
Erie-Frederick
-0.1%
Frederick
-3.5%

Housing Supply in Frederick, CO

How many homes are available in Frederick, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
126139+10.3%

Summary: The Frederick real estate market had 139 homes for sale in May 2024, a 10.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 47
+75.0%
3 5455
+1.9%
4 3642
+16.7%
5+ 3234
+6.3%

Summary: The Frederick housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2533+32.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Frederick, expect to pay close to the asking price. 57.6% of homes here sold near the asking price last month.

Summary: A total of 33 homes were sold or pending in Frederick in May 2024, up by 32.0% month-over-month. Of the 33 sold homes, 27% were sold under asking, 58% were sold at asking, and 15% were sold over asking.

Days on Market for Frederick, CO

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

Average Sale Time

May 2023May 2024CHANGE
27 Days52 Days+90.2%

Summary: Homes in Frederick had an average of 52 days on market in May 2024, up by 90.2% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 33 homes were sold in Frederick; 45% of homes were sold within 30 days, 42% 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 3 Days Ago

Newest Listings in Frederick, CO

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