Is Meridian Village, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Meridian Village is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Meridian Village has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Meridian Village, CO

How much do homes in Meridian Village, CO cost?

Median Sold Price

$747,500

$275/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$48,500(+6.9%)

Key Takeaway

Homes in Meridian Village have sold for 6.9% more than they did a month ago.

Summary: The median home sold price in Meridian Village was $747,500 in December 2024, up 6.9% from last month, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $659.2K-
N/A
3 $822.5K$697.5K
-15.2%
4 $724.5K$790K
+9.0%
5+ -$919.9K
N/A

Summary: Meridian Village housing prices by bedroom type for December 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 15.2%, 4 bedroom homes increased by 9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Hillside at Meridian Village
+15.2%
Meridian Village
+6.9%

Housing Supply in Meridian Village, CO

How many homes are available in Meridian Village, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3731-16.2%

Summary: The Meridian Village real estate market had 31 homes for sale in December 2024, a 16.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1614
-12.5%
4 1310
-23.1%
5+ 66
0.0%

Summary: The Meridian Village housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Meridian Village, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Meridian Village in December 2024, up by 71.4% month-over-month. Of the 12 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% were sold over asking.

Days on Market for Meridian Village, CO

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

Average Sale Time

Nov 2024Dec 2024CHANGE
31 Days84 Days+171.5%

Summary: Homes in Meridian Village had an average of 84 days on market in Dec 2024, up by 171.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Meridian Village has remained consistent over time.

Summary: During December 2024, 12 homes were sold in Meridian Village; 17% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 25% 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

Newest Listings in Meridian Village, CO

Nearby Markets to Meridian Village, CO