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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harmans is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Harmans, CO

How much do homes in Harmans, CO cost?

Median Sold Price

$1,750,000

$590/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$105,000(+6.4%)

Key Takeaway

Homes in Harmans have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Harmans was $1,750,000 in October 2024, up 6.4% from last year, and the median price per square foot was $590.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $1.1M$575K
-51.6%
2 $927.5K$1.3M
+49.3%
3 $1.6M$1.4M
-14.4%
4 $2.3M$2.0M
-13.7%
5+ $2.8M$5.5M
+98.3%

Summary: Harmans housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51.6%, 2 bedroom homes increased by 49.3%, 3 bedroom homes decreased by 14.4%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes increased by 98.3%.

Median Sold Price Compared To Nearby Neighborhoods

Cherry Creek
+6.6%
Harmans
+6.4%
The Eastern Capitol Hill
-1.1%
Burlington Capitol Hill
-4.3%

Housing Supply in Harmans, CO

How many homes are available in Harmans, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4142+2.4%

Summary: The Harmans real estate market had 42 homes for sale in October 2024, a 2.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 913
+44.4%
3 1414
0.0%
4 129
-25.0%
5+ 33
0.0%

Summary: The Harmans 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 increased by 44.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

7 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 Harmans, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Harmans in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for Harmans, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days61 Days+72.1%

Summary: Homes in Harmans had an average of 61 days on market in Oct 2024, up by 72.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Harmans; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% 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

Newest Listings in Harmans, CO

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