Is Meadowbrook Heights, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Meadowbrook Heights is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Meadowbrook Heights has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Meadowbrook Heights, CO

How much do homes in Meadowbrook Heights, CO cost?

Median Sold Price

$462,500

$308/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$56,512(-10.9%)

Key Takeaway

Homes in Meadowbrook Heights have sold for 10.9% less than they did a month ago.

Summary: The median home sold price in Meadowbrook Heights was $462,500 in November 2024, down 10.9% from last month, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$380K
N/A
3 $533K$490K
-8.1%
4 $505K-
N/A
5+ -$535K
N/A

Summary: Meadowbrook Heights housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Marina Pointe
-2.0%
Wingate South
-5.8%
Meadowbrook Heights
-10.9%

Housing Supply in Meadowbrook Heights, CO

How many homes are available in Meadowbrook Heights, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2016-20.0%

Summary: The Meadowbrook Heights real estate market had 16 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 77
0.0%
3 85
-37.5%
4 10
-100.0%
5+ 33
0.0%

Summary: The Meadowbrook Heights 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 remained the same, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 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 Meadowbrook Heights, 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 Meadowbrook Heights in November 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 Meadowbrook Heights, CO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
14 Days19 Days+32.8%

Summary: Homes in Meadowbrook Heights had an average of 19 days on market in Nov 2024, up by 32.8% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Meadowbrook Heights; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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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