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 neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Sloan's Lake 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 Sloan's Lake, CO

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

Median Sold Price

$866,560

$490/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$6,210(+0.7%)

Key Takeaway

Homes in Sloan's Lake have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Sloan's Lake was $866,560 in December 2024, up 0.7% from last year, and the median price per square foot was $490.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $385K$405K
+5.2%
2 $597K$651K
+9.0%
3 $876.2K$865K
-1.3%
4 $1.1M$1.1M
+1.3%
5+ $1.7M$1.5M
-11.4%

Summary: Sloan's Lake housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes increased by 9%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 11.4%.

Housing Supply in Sloan's Lake, CO

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

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4644-4.3%

Summary: The Sloan's Lake real estate market had 44 homes for sale in December 2024, a 4.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 1111
0.0%
3 1614
-12.5%
4 1010
0.0%
5+ 88
0.0%

Summary: The Sloan's Lake housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sloan's Lake, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Sloan's Lake in December 2024, down by 41.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% 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

Dec 2023Dec 2024CHANGE
10 Days60 Days+462.1%

Summary: Homes in Sloan's Lake had an average of 60 days on market in Dec 2024, up by 462.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sloan's Lake has remained consistent over time.

Summary: During December 2024, 7 homes were sold in Sloan's Lake; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% 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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