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 October 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

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$27,250(-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 October 2024, down 5.1% from last year, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$246.8K
N/A
2 $412.5K$415K
+0.6%
3 $515K$499.5K
-3.0%
4 $617.5K$590K
-4.5%
5+ $591.5K$692.7K
+17.1%

Summary: North Alameda housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 17.1%.

Housing Supply in North Alameda, CO

How many homes are available in North Alameda, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2930+3.4%

Summary: The North Alameda real estate market had 30 homes for sale in October 2024, a 3.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 912
+33.3%
4 108
-20.0%
5+ 43
-25.0%

Summary: The North Alameda housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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 October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% 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 2023Oct 2024CHANGE
5 Days38 Days+666.7%

Summary: Homes in North Alameda had an average of 38 days on market in Oct 2024, up by 666.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 6 homes were sold in North Alameda; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 16 Days Ago

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