Is Sloan's Lake, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sloan's Lake is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Sloan's Lake has remained a Seller's Market.

Key Takeaway

Sloan's Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sloan's Lake, CO

How much do homes in Sloan's Lake, CO cost?

Median Sold Price

$865,000

$499/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,000(-1.1%)

Key Takeaway

Homes in Sloan's Lake have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Sloan's Lake was $865,000 in October 2024, down 1.1% from last year, and the median price per square foot was $499.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$405K
N/A
2 $597K$653K
+9.4%
3 $876.2K$866K
-1.2%
4 $1.4M$1.1M
-23.3%
5+ $1.4M$1.5M
+9.6%

Summary: Sloan's Lake housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 23.3%, and 5+ bedroom homes increased by 9.6%.

Housing Supply in Sloan's Lake, CO

How many homes are available in Sloan's Lake, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6064+6.7%

Summary: The Sloan's Lake real estate market had 64 homes for sale in October 2024, a 6.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1415
+7.1%
3 1619
+18.8%
4 1720
+17.6%
5+ 129
-25.0%

Summary: The Sloan's Lake 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 7.1%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1114+27.3%

Asking Price vs. Sold Price

10 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 Sloan's Lake, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Sloan's Lake in October 2024, up by 27.3% month-over-month. Of the 14 sold homes, 71% were sold under asking, 7% were sold at asking, and 21% were sold over asking.

Days on Market for Sloan's Lake, CO

How long does it take to sell a home in Sloan's Lake, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days40 Days-6.5%

Summary: Homes in Sloan's Lake had an average of 40 days on market in Oct 2024, down by 6.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sloan's Lake are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in Sloan's Lake; 50% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 7% 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

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