Is Security, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Security is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Security has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Security, CO

How much do homes in Security, CO cost?

Median Sold Price

$371,500

$258/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$12,500(+3.5%)

Key Takeaway

Homes in Security have sold for 3.5% more than they did a month ago.

Summary: The median home sold price in Security was $371,500 in September 2024, up 3.5% from last month, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $359K$368K
+2.5%
4 -$375K
N/A
5+ --
N/A

Summary: Security housing prices by bedroom type for September 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 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Widefield
+12.0%
Security
+3.5%
Fountain Valley
+0.6%

Housing Supply in Security, CO

How many homes are available in Security, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3147+51.6%

Summary: The Security real estate market had 47 homes for sale in September 2024, a 51.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 27
+250.0%
3 1519
+26.7%
4 916
+77.8%
5+ 55
0.0%

Summary: The Security housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 250%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 77.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Security, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Security in September 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Security, CO

How long does it take to sell a home in Security, CO?

Average Sale Time

Aug 2024Sep 2024CHANGE
47 Days36 Days-24.5%

Summary: Homes in Security had an average of 36 days on market in Sep 2024, down by 24.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Security are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 2 homes were sold in Security; 50% of homes were sold within 30 days, 50% 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 Sep 1, 2024

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