Is Niwot, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Niwot is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Niwot was a Seller's Market.

Key Takeaway

Niwot is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Niwot, CO

How much do homes in Niwot, CO cost?

Median Sold Price

$1,335,000

$384/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$112,510(+9.2%)

Key Takeaway

Homes in Niwot have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in Niwot was $1,335,000 in November 2024, up 9.2% from last year, and the median price per square foot was $384.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $282K$303K
+7.4%
2 $406K$350K
-13.8%
3 $865K$1.1M
+31.2%
4 $1.0M$1.2M
+25.5%
5+ $2.3M$1.7M
-26.3%

Summary: Niwot housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes increased by 31.2%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes decreased by 26.3%.

Housing Supply in Niwot, CO

How many homes are available in Niwot, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2921-27.6%

Summary: The Niwot real estate market had 21 homes for sale in November 2024, a 27.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 11
0.0%
3 33
0.0%
4 116
-45.5%
5+ 129
-25.0%

Summary: The Niwot 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 remained the same, 4 bedroom homes decreased by 45.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
101-90.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Niwot, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Niwot in November 2024, down by 90.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Niwot, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
52 Days66 Days+26.0%

Summary: Homes in Niwot had an average of 66 days on market in Nov 2024, up by 26% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Niwot has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Niwot; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

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