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

$408,000

$239/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$36,500(+9.8%)

Key Takeaway

Homes in Security have sold for 9.8% more than they did a month ago.

Summary: The median home sold price in Security was $408,000 in October 2024, up 9.8% from last month, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$255K
N/A
3 $368K-
N/A
4 $375K$408K
+8.8%
5+ -$455K
N/A

Summary: Security housing prices by bedroom type for October 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 did not change, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Security
+9.8%
Fountain Valley
+3.2%
Widefield
-8.3%

Housing Supply in Security, CO

How many homes are available in Security, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4050+25.0%

Summary: The Security real estate market had 50 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 1520
+33.3%
4 1416
+14.3%
5+ 56
+20.0%

Summary: The Security 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 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Security, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Security in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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

Sep 2024Oct 2024CHANGE
36 Days19 Days-47.2%

Summary: Homes in Security had an average of 19 days on market in Oct 2024, down by 47.2% compared to last month.

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

Summary: During October 2024, 3 homes were sold in Security; 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 20 Days Ago

Newest Listings in Security, CO

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