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 Last Month

Since last month, 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

$472,000

$355/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$40,500(-7.9%)

Key Takeaway

Homes in North Alameda have sold for 7.9% less than they did a month ago.

Summary: The median home sold price in North Alameda was $472,000 in November 2024, down 7.9% from last month, and the median price per square foot was $355.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$417.5K
N/A
3 $436.2K$512K
+17.4%
4 $580K$529K
-8.8%
5+ $600K-
N/A

Summary: North Alameda 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 increased by 17.4%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

North Alameda
-7.9%
Lakewood Manor
-20.8%

Housing Supply in North Alameda, CO

How many homes are available in North Alameda, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2826-7.1%

Summary: The North Alameda real estate market had 26 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 77
0.0%
3 119
-18.2%
4 87
-12.5%
5+ 23
+50.0%

Summary: The North Alameda 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 18.2%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
660.0%

Asking Price vs. Sold Price

3 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. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in North Alameda in November 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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

Oct 2024Nov 2024CHANGE
38 Days21 Days-43.9%

Summary: Homes in North Alameda had an average of 21 days on market in Nov 2024, down by 43.9% compared to last month.

Breakdown of Home Sale Times

4 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 November 2024, 6 homes were sold in North Alameda; 67% of homes were sold within 30 days, 33% 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

Newest Listings in North Alameda, CO

Nearby Markets to North Alameda, CO