Is Strasburg, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Strasburg is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Strasburg was a Buyer's Market.

Key Takeaway

Strasburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Strasburg, CO

How much do homes in Strasburg, CO cost?

Median Sold Price

$560,000

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$60,050(+12.0%)

Key Takeaway

Homes in Strasburg have sold for 12% more than they did a year ago.

Summary: The median home sold price in Strasburg was $560,000 in November 2024, up 12% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $300K$315K
+5.0%
2 $615K$275K
-55.3%
3 $475K$480K
+1.1%
4 $414K$600K
+44.9%
5+ $685K$770K
+12.4%

Summary: Strasburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes decreased by 55.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 44.9%, and 5+ bedroom homes increased by 12.4%.

Median Sold Price Compared To Nearby Cities

Strasburg
+12.0%
East Arapahoe
0.2%
East Adams
-8.4%

Housing Supply in Strasburg, CO

How many homes are available in Strasburg, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4133-19.5%

Summary: The Strasburg real estate market had 33 homes for sale in November 2024, a 19.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1713
-23.5%
4 1917
-10.5%
5+ 43
-25.0%

Summary: The Strasburg 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 decreased by 100%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Strasburg, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Strasburg in November 2024, down by 36.4% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for Strasburg, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days35 Days+56.3%

Summary: Homes in Strasburg had an average of 35 days on market in Nov 2024, up by 56.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 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 Strasburg has remained consistent over time.

Summary: During November 2024, 7 homes were sold in Strasburg; 29% of homes were sold within 30 days, 71% 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 20 Days Ago

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