Is Lowry Field, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lowry Field is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Lowry Field, CO

How much do homes in Lowry Field, CO cost?

Median Sold Price

$817,750

$353/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$114,200(-12.3%)

Key Takeaway

Homes in Lowry Field have sold for 12.3% less than they did a year ago.

Summary: The median home sold price in Lowry Field was $817,750 in October 2024, down 12.3% from last year, and the median price per square foot was $353.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $478.5K$480K
0.3%
2 $532.5K$505.5K
-5.1%
3 $865K$746.2K
-13.7%
4 $1.0M$1.0M
-1.0%
5+ $1.2M$1.1M
-5.9%

Summary: Lowry Field housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 5.9%.

Housing Supply in Lowry Field, CO

How many homes are available in Lowry Field, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4247+11.9%

Summary: The Lowry Field real estate market had 47 homes for sale in October 2024, a 11.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 1213
+8.3%
3 1016
+60.0%
4 911
+22.2%
5+ 85
-37.5%

Summary: The Lowry Field housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 37.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
990.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lowry Field, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Lowry Field in October 2024, the same as the previous month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.

Days on Market for Lowry Field, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days56 Days+42.7%

Summary: Homes in Lowry Field had an average of 56 days on market in Oct 2024, up by 42.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lowry Field has remained consistent over time.

Summary: During October 2024, 9 homes were sold in Lowry Field; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% 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 24 Days Ago

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