Is Lone Tree, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lone Tree is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Lone Tree, CO

How much do homes in Lone Tree, CO cost?

Median Sold Price

$825,000

$301/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$20,000(-2.4%)

Key Takeaway

Homes in Lone Tree have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Lone Tree was $825,000 in November 2024, down 2.4% from last year, and the median price per square foot was $301.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $350K$353.5K
+1.0%
2 $585K$575K
-1.7%
3 $705K$696K
-1.3%
4 $910K$736.5K
-19.1%
5+ $1.2M$1.3M
+4.2%

Summary: Lone Tree housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 19.1%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Cities

Littleton
-1.1%
Lone Tree
-2.4%
Southwest Arapahoe
-4.9%
Centennial
-5.2%
Sedalia
-5.7%

Housing Supply in Lone Tree, CO

How many homes are available in Lone Tree, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10496-7.7%

Summary: The Lone Tree real estate market had 96 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 89
+12.5%
3 2421
-12.5%
4 3027
-10.0%
5+ 4138
-7.3%

Summary: The Lone Tree housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 7.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1829+61.1%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lone Tree, you may be able to get a good deal. 65.5% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Lone Tree in November 2024, up by 61.1% month-over-month. Of the 29 sold homes, 66% were sold under asking, 21% were sold at asking, and 14% were sold over asking.

Days on Market for Lone Tree, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days45 Days+14.4%

Summary: Homes in Lone Tree had an average of 45 days on market in Nov 2024, up by 14.4% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 29 homes were sold in Lone Tree; 48% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 14% 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 2 Days Ago

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