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 November 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

$513,000

$382/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$33,250(-6.1%)

Key Takeaway

Homes in Olde Town Arvada have sold for 6.1% less than they did a year ago.

Summary: The median home sold price in Olde Town Arvada was $513,000 in November 2024, down 6.1% from last year, and the median price per square foot was $382.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $483.7K$390.7K
-19.2%
2 $450K$464K
+3.1%
3 $680K$552K
-18.8%
4 $775K$827K
+6.7%
5+ -$692.5K
N/A

Summary: Olde Town Arvada housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.2%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.

Housing Supply in Olde Town Arvada, CO

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2832+14.3%

Summary: The Olde Town Arvada real estate market had 32 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 1011
+10.0%
3 1215
+25.0%
4 32
-33.3%
5+ 01
+100.0%

Summary: The Olde Town Arvada 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 increased by 10%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Olde Town Arvada in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
20 Days22 Days+12.5%

Summary: Homes in Olde Town Arvada had an average of 22 days on market in Nov 2024, up by 12.5% compared to last year.

Breakdown of Home Sale Times

3 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 November 2024, 4 homes were sold in Olde Town Arvada; 75% of homes were sold within 30 days, 25% 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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