Is Olde Town Arvada, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Olde Town Arvada is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Olde Town Arvada was a Seller's Market.

Key Takeaway

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

Housing Prices in Olde Town Arvada, CO

How much do homes in Olde Town Arvada, CO cost?

Median Sold Price

$525,000

$386/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$17,500(-3.2%)

Key Takeaway

Homes in Olde Town Arvada have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in Olde Town Arvada was $525,000 in October 2024, down 3.2% from last year, and the median price per square foot was $386.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $483.7K$390.7K
-19.2%
2 $450K$451K
0.2%
3 $680K$580K
-14.7%
4 $775K$827K
+6.7%
5+ $1.7M$692.5K
-60.2%

Summary: Olde Town Arvada housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.2%, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 14.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 60.2%.

Housing Supply in Olde Town Arvada, CO

How many homes are available in Olde Town Arvada, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3532-8.6%

Summary: The Olde Town Arvada real estate market had 32 homes for sale in October 2024, a 8.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 1310
-23.1%
3 1415
+7.1%
4 44
0.0%
5+ 00
0.0%

Summary: The Olde Town Arvada housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Olde Town Arvada, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Olde Town Arvada in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Olde Town Arvada, CO

How long does it take to sell a home in Olde Town Arvada, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days23 Days+536.4%

Summary: Homes in Olde Town Arvada had an average of 23 days on market in Oct 2024, up by 536.4% compared to last year.

Breakdown of Home Sale Times

2 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

Many homes in Olde Town Arvada are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Olde Town Arvada; 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 16 Days Ago

Newest Listings in Olde Town Arvada, CO

Nearby Markets to Olde Town Arvada, CO