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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Woodmoor is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, South Woodmoor was a Buyer's Market.

Key Takeaway

South Woodmoor 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 South Woodmoor, CO

How much do homes in South Woodmoor, CO cost?

Median Sold Price

$710,000

$239/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$78,750(-10.0%)

Key Takeaway

Homes in South Woodmoor have sold for 10% less than they did a month ago.

Summary: The median home sold price in South Woodmoor was $710,000 in November 2024, down 10% from last month, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$370K
N/A
4 $577.5K$710K
+22.9%
5+ $1.0M$800K
-20.0%

Summary: South Woodmoor 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 did not change, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes decreased by 20%.

Housing Supply in South Woodmoor, CO

How many homes are available in South Woodmoor, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2526+4.0%

Summary: The South Woodmoor real estate market had 26 homes for sale in November 2024, a 4.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 99
0.0%
4 88
0.0%
5+ 56
+20.0%

Summary: The South Woodmoor 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Woodmoor, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in South Woodmoor in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for South Woodmoor, CO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
62 Days36 Days-41.6%

Summary: Homes in South Woodmoor had an average of 36 days on market in Nov 2024, down by 41.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in South Woodmoor are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in South Woodmoor; 50% of homes were sold within 30 days, 50% 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

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