Is Transit Village, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Transit Village is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Transit Village was a Buyer's Market.

Key Takeaway

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

Housing Prices in Transit Village, CO

How much do homes in Transit Village, CO cost?

Median Sold Price

$559,000

$628/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$191,000(-25.5%)

Key Takeaway

Homes in Transit Village have sold for 25.5% less than they did a month ago.

Summary: The median home sold price in Transit Village was $559,000 in December 2024, down 25.5% from last month, and the median price per square foot was $628.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 -$559K
N/A
2 $750K$190.9K
-74.5%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Transit Village housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 74.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Transit Village, CO

How many homes are available in Transit Village, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1817-5.6%

Summary: The Transit Village real estate market had 17 homes for sale in December 2024, a 5.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 99
0.0%
2 87
-12.5%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Transit Village housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Transit Village, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Transit Village in December 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Transit Village, CO

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

Average Sale Time

Nov 2024Dec 2024CHANGE
21 Days54 Days+158.3%

Summary: Homes in Transit Village had an average of 54 days on market in Dec 2024, up by 158.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 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 Transit Village has remained consistent over time.

Summary: During December 2024, 4 homes were sold in Transit Village; 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 4 Days Ago

Newest Listings in Transit Village, CO

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