$7,956 Closing Credit*
$670,000
1,092 SqFt
3 Beds
•1 Full Bath, 1 Partial
Wanda Ferguson, Listing Office: Challenge West Realty
Is Old South Longmont, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Old South Longmont has remained a Seller's Market.
Key Takeaway
Old South Longmont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Old South Longmont, CO
How much do homes in Old South Longmont, CO cost?
Median Sold Price
$583,000
$375/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$47,000(-7.5%)
Key Takeaway
Homes in Old South Longmont have sold for 7.5% less than they did a year ago.
Summary: The median home sold price in Old South Longmont was $583,000 in October 2024, down 7.5% from last year, and the median price per square foot was $375.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $405K | $280K | -30.9% |
| 2 Bedrooms | $520K | $470K | -9.6% |
| 3 Bedrooms | $584.9K | $586.4K | 0.3% |
| 4 Bedrooms | $925K | $831.5K | -10.1% |
| 5+ Bedrooms | $1.1M | $900K | -23.4% |
Summary: Old South Longmont housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.9%, 2 bedroom homes decreased by 9.6%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes decreased by 23.4%.
Housing Supply in Old South Longmont, CO
How many homes are available in Old South Longmont, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 24 | +20.0% |
Summary: The Old South Longmont real estate market had 24 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Old South Longmont housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Old South Longmont, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Old South Longmont in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Old South Longmont, CO
How long does it take to sell a home in Old South Longmont, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 38 Days | +63.8% |
Summary: Homes in Old South Longmont had an average of 38 days on market in Oct 2024, up by 63.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Old South Longmont are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Old South Longmont; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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