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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Silverthorne is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Silverthorne was a Buyer's Market.

Key Takeaway

Silverthorne is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Silverthorne, CO

How much do homes in Silverthorne, CO cost?

Median Sold Price

$1,175,000

$653/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$250,000(-17.5%)

Key Takeaway

Homes in Silverthorne have sold for 17.5% less than they did a year ago.

Summary: The median home sold price in Silverthorne was $1,175,000 in December 2024, down 17.5% from last year, and the median price per square foot was $653.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$416.2K
N/A
2 $855K$599K
-29.9%
3 $2.0M$1.2M
-38.6%
4 $1.8M$2.2M
+18.7%
5+ -$1.8M
N/A

Summary: Silverthorne housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.9%, 3 bedroom homes decreased by 38.6%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes did not change.

Housing Supply in Silverthorne, CO

How many homes are available in Silverthorne, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8072-10.0%

Summary: The Silverthorne real estate market had 72 homes for sale in December 2024, a 10.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 45
+25.0%
2 2726
-3.7%
3 1816
-11.1%
4 2115
-28.6%
5+ 1010
0.0%

Summary: The Silverthorne housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Silverthorne, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Silverthorne in December 2024, down by 7.7% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.

Days on Market for Silverthorne, CO

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

Average Sale Time

Dec 2023Dec 2024CHANGE
194 Days108 Days-44.2%

Summary: Homes in Silverthorne had an average of 108 days on market in Dec 2024, down by 44.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Silverthorne are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 12 homes were sold in Silverthorne; 8% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 67% 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 4 Days Ago

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