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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Superior is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Superior was a Neutral Market.

Key Takeaway

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

Housing Prices in Superior, CO

How much do homes in Superior, CO cost?

Median Sold Price

$845,000

$335/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$34,000(+4.2%)

Key Takeaway

Homes in Superior have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Superior was $845,000 in October 2024, up 4.2% from last year, and the median price per square foot was $335.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $337.5K$350.2K
+3.8%
2 $444.9K$432.4K
-2.8%
3 $711.3K$755K
+6.1%
4 $922.5K$899K
-2.5%
5+ $1.0M$1.0M
+1.9%

Summary: Superior housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Cities

Superior
+4.2%
Northeast Jefferson
0.0%
Lafayette-Louisville
-0.5%
Broomfield
-1.8%

Housing Supply in Superior, CO

How many homes are available in Superior, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
99108+9.1%

Summary: The Superior real estate market had 108 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 1719
+11.8%
3 3035
+16.7%
4 2527
+8.0%
5+ 2627
+3.8%

Summary: The Superior housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 3.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1419+35.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Superior, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Superior in October 2024, up by 35.7% month-over-month. Of the 19 sold homes, 42% were sold under asking, 42% were sold at asking, and 16% were sold over asking.

Days on Market for Superior, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days74 Days+148.6%

Summary: Homes in Superior had an average of 74 days on market in Oct 2024, up by 148.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Superior has remained consistent over time.

Summary: During October 2024, 19 homes were sold in Superior; 21% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 26% 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 16 Days Ago

Newest Listings in Superior, CO

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