Is South Louisville, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Louisville is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, South Louisville was a Seller's Market.

Key Takeaway

South Louisville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in South Louisville, CO

How much do homes in South Louisville, CO cost?

Median Sold Price

$971,000

$388/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$121,000(+14.2%)

Key Takeaway

Homes in South Louisville have sold for 14.2% more than they did a month ago.

Summary: The median home sold price in South Louisville was $971,000 in November 2024, up 14.2% from last month, and the median price per square foot was $388.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $850K$971K
+14.2%
4 $1.1M-
N/A
5+ --
N/A

Summary: South Louisville 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 did not change, 3 bedroom homes increased by 14.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

South Louisville
+14.2%
Coal Creek Ranch
-4.1%

Housing Supply in South Louisville, CO

How many homes are available in South Louisville, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1914-26.3%

Summary: The South Louisville real estate market had 14 homes for sale in November 2024, a 26.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 63
-50.0%
4 53
-40.0%
5+ 66
0.0%

Summary: The South Louisville housing inventory by bedroom type for November 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 50%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Louisville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in South Louisville in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for South Louisville, CO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
51 Days55 Days+7.8%

Summary: Homes in South Louisville had an average of 55 days on market in Nov 2024, up by 7.8% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in South Louisville has remained consistent over time.

Summary: During November 2024, 1 homes were sold in South Louisville; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

Newest Listings in South Louisville, CO

Nearby Markets to South Louisville, CO