Is Frederick, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Frederick has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $290K | - | N/A |
2 Bedrooms | $400K | $405K | +1.3% |
3 Bedrooms | $500K | $511K | +2.2% |
4 Bedrooms | $595.4K | $590K | -0.9% |
5+ Bedrooms | $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 | $556.8K | $585K | +5.1% |
Dacono | $452.5K | $475K | +5.0% |
Erie | $730K | $735.3K | +0.7% |
Erie-Frederick | $600K | $599.6K | -0.1% |
Frederick | $565K | $545K | -3.5% |
Housing Supply in Frederick, CO
How many homes are available in Frederick, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
126 | 139 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 54 | 55 | +1.9% |
4 Bedrooms | 36 | 42 | +16.7% |
5+ Bedrooms | 32 | 34 | +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 2024 | May 2024 | CHANGE |
---|---|---|
25 | 33 | +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
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 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 52 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
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.