Is Golden Triangle, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Golden Triangle is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Golden Triangle has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Golden Triangle, CO

How much do homes in Golden Triangle, CO cost?

Median Sold Price

$665,000

$437/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$87,550(+15.2%)

Key Takeaway

Homes in Golden Triangle have sold for 15.2% more than they did a month ago.

Summary: The median home sold price in Golden Triangle was $665,000 in October 2024, up 15.2% from last month, and the median price per square foot was $437.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $449.5K-
N/A
2 $602.5K$610K
+1.2%
3 $569.9K$720K
+26.3%
4 --
N/A
5+ --
N/A

Summary: Golden Triangle housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 26.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Golden Triangle, CO

How many homes are available in Golden Triangle, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2021+5.0%

Summary: The Golden Triangle real estate market had 21 homes for sale in October 2024, a 5.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 67
+16.7%
2 1213
+8.3%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Golden Triangle housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Golden Triangle, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Golden Triangle in October 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Golden Triangle, CO

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

Average Sale Time

Sep 2024Oct 2024CHANGE
79 Days73 Days-7.3%

Summary: Homes in Golden Triangle had an average of 73 days on market in Oct 2024, down by 7.3% compared to last month.

Breakdown of Home Sale Times

2 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 Golden Triangle are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Golden Triangle; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

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