Is North Alameda, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Alameda is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, North Alameda has remained a Seller's Market.

Key Takeaway

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

Housing Prices in North Alameda, CO

How much do homes in North Alameda, CO cost?

Median Sold Price

$508,000

$336/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$27,500(-5.1%)

Key Takeaway

Homes in North Alameda have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in North Alameda was $508,000 in September 2024, down 5.1% from last year, and the median price per square foot was $336.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$258.6K
N/A
2 $420K$415K
-1.2%
3 $495K$499.7K
+1.0%
4 $635K$588.5K
-7.3%
5+ $591.5K$710.4K
+20.1%

Summary: North Alameda housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 20.1%.

Housing Supply in North Alameda, CO

How many homes are available in North Alameda, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2829+3.6%

Summary: The North Alameda real estate market had 29 homes for sale in September 2024, a 3.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 66
0.0%
3 89
+12.5%
4 910
+11.1%
5+ 54
-20.0%

Summary: The North Alameda 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Alameda, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in North Alameda in September 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for North Alameda, CO

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

Average Sale Time

Sep 2023Sep 2024CHANGE
34 Days31 Days-9.0%

Summary: Homes in North Alameda had an average of 31 days on market in Sep 2024, down by 9% compared to last year.

Breakdown of Home Sale Times

3 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 North Alameda are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 5 homes were sold in North Alameda; 60% of homes were sold within 30 days, 40% 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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