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 buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, South Woodmoor has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in South Woodmoor, CO

How much do homes in South Woodmoor, CO cost?

Median Sold Price

$609,000

$261/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$209,000(+52.3%)

Key Takeaway

Homes in South Woodmoor have sold for 52.3% more than they did a month ago.

Summary: The median home sold price in South Woodmoor was $609,000 in September 2024, up 52.3% from last month, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $400K-
N/A
4 $400K$609K
+52.3%
5+ $856.2K-
N/A

Summary: South Woodmoor housing prices by bedroom type for September 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 52.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

South Woodmoor
+52.3%
Woodmor Hills
-2.3%

Housing Supply in South Woodmoor, CO

How many homes are available in South Woodmoor, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3239+21.9%

Summary: The South Woodmoor real estate market had 39 homes for sale in September 2024, a 21.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 1112
+9.1%
4 1012
+20.0%
5+ 710
+42.9%

Summary: The South Woodmoor housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Woodmoor, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in South Woodmoor in September 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Aug 2024Sep 2024CHANGE
21 Days50 Days+137.5%

Summary: Homes in South Woodmoor had an average of 50 days on market in Sep 2024, up by 137.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were 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 Woodmoor has remained consistent over time.

Summary: During September 2024, 3 homes were sold in South Woodmoor; 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

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