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 Last Month

Last month, 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

$1,725,000

$629/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$731,250(+73.6%)

Key Takeaway

Homes in Silverthorne have sold for 73.6% more than they did a month ago.

Summary: The median home sold price in Silverthorne was $1,725,000 in November 2024, up 73.6% from last month, and the median price per square foot was $629.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $567.5K-
N/A
2 $535K$408.8K
-23.6%
3 $1.2M$1.5M
+20.0%
4 $2.3M$2.5M
+8.4%
5+ $2.4M$1.7M
-29.2%

Summary: Silverthorne housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.6%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 29.2%.

Median Sold Price Compared To Nearby Cities

Silverthorne
+73.6%
Dillon
-25.7%

Housing Supply in Silverthorne, CO

How many homes are available in Silverthorne, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9590-5.3%

Summary: The Silverthorne real estate market had 90 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 75
-28.6%
2 3029
-3.3%
3 2023
+15.0%
4 2723
-14.8%
5+ 1110
-9.1%

Summary: The Silverthorne housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1214+16.7%

Asking Price vs. Sold Price

13 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 Silverthorne, you may be able to get a good deal. 92.9% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Silverthorne in November 2024, up by 16.7% month-over-month. Of the 14 sold homes, 93% were sold under asking, 0% were sold at asking, and 7% 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

Oct 2024Nov 2024CHANGE
53 Days92 Days+74.9%

Summary: Homes in Silverthorne had an average of 92 days on market in Nov 2024, up by 74.9% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

6 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 November 2024, 14 homes were sold in Silverthorne; 36% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 43% 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 2 Days Ago

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