$6,650 Closing Credit*
$560,000
1,826 SqFt
3 Beds
•2 Full Baths, 1 Partial
Gabe Martin, Listing Office: West and Main Homes Inc
Is The Meadows, 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 Meadows has remained a Seller's Market.
Key Takeaway
The Meadows is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Meadows, CO
How much do homes in The Meadows, CO cost?
Median Sold Price
$625,000
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$25,000(-3.8%)
Key Takeaway
Homes in The Meadows have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in The Meadows was $625,000 in October 2024, down 3.8% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $530.3K | $534K | +0.7% |
| 3 Bedrooms | $572.5K | $565K | -1.3% |
| 4 Bedrooms | $703.5K | $675K | -4.1% |
| 5+ Bedrooms | $761.2K | $814K | +6.9% |
Summary: The Meadows 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 increased by 0.7%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 6.9%.
Housing Supply in The Meadows, CO
How many homes are available in The Meadows, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 121 | 122 | +0.8% |
Summary: The The Meadows real estate market had 122 homes for sale in October 2024, a 0.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 45 | 40 | -11.1% |
| 4 Bedrooms | 35 | 37 | +5.7% |
| 5+ Bedrooms | 34 | 35 | +2.9% |
Summary: The The Meadows 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 increased by 42.9%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 2.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 32 | +10.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Meadows, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in The Meadows in October 2024, up by 10.3% month-over-month. Of the 32 sold homes, 50% were sold under asking, 34% were sold at asking, and 16% were sold over asking.
Days on Market for The Meadows, CO
How long does it take to sell a home in The Meadows, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 38 Days | +133.3% |
Summary: Homes in The Meadows had an average of 38 days on market in Oct 2024, up by 133.3% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in The Meadows are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 32 homes were sold in The Meadows; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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