$9,441 Closing Credit*
$795,000
3,626 SqFt
4 Beds
•3 Full Baths, 1 Partial
T.J. Gordon, Listing Office: Compass - Denver
Is The Farm, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, The Farm has remained a Seller's Market.
Key Takeaway
The Farm is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Farm, CO
How much do homes in The Farm, CO cost?
Median Sold Price
$736,500
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$500(+0.1%)
Key Takeaway
The sold price of homes in The Farm has remained the same since last year.
Summary: The median home sold price in The Farm was $736,500 in October 2024, up 0.1% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $555K | N/A |
| 3 Bedrooms | $545.2K | $616.1K | +13.0% |
| 4 Bedrooms | $736K | $727.5K | -1.2% |
| 5+ Bedrooms | $806.5K | $809K | 0.3% |
Summary: The Farm housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Piney Creek | $750K | $790K | +5.3% |
| The Farm | $736K | $736.5K | 0.1% |
Housing Supply in The Farm, CO
How many homes are available in The Farm, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The The Farm real estate market had 20 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The The Farm housing inventory by bedroom type for October 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 20%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in The Farm, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in The Farm in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for The Farm, CO
How long does it take to sell a home in The Farm, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 4 Days | 6 Days | +33.3% |
Summary: Homes in The Farm had an average of 6 days on market in Oct 2024, up by 33.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in The Farm are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in The Farm; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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