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 September 2023

Since last year, 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

$552,500

$349/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$125,000(+29.2%)

Key Takeaway

Homes in Meadowbrook Heights have sold for 29.2% more than they did a year ago.

Summary: The median home sold price in Meadowbrook Heights was $552,500 in September 2024, up 29.2% from last year, and the median price per square foot was $349.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $310K$325K
+4.8%
2 $346K$367K
+6.1%
3 $544K$630.5K
+15.9%
4 $615K$635K
+3.3%
5+ $797.5K$900K
+12.9%

Summary: Meadowbrook Heights housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 12.9%.

Housing Supply in Meadowbrook Heights, CO

How many homes are available in Meadowbrook Heights, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2627+3.8%

Summary: The Meadowbrook Heights real estate market had 27 homes for sale in September 2024, a 3.8% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 812
+50.0%
3 89
+12.5%
4 42
-50.0%
5+ 53
-40.0%

Summary: The Meadowbrook Heights housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Meadowbrook Heights in September 2024, down by 30.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% 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

Sep 2023Sep 2024CHANGE
35 Days21 Days-39.1%

Summary: Homes in Meadowbrook Heights had an average of 21 days on market in Sep 2024, down by 39.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were 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 September 2024, 7 homes were sold in Meadowbrook Heights; 71% of homes were sold within 30 days, 29% 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 Sep 1, 2024

Newest Listings in Meadowbrook Heights, CO

Nearby Markets to Meadowbrook Heights, CO