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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Virginia Village is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Virginia Village was a Seller's Market.

Key Takeaway

Virginia Village is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Virginia Village, CO

How much do homes in Virginia Village, CO cost?

Median Sold Price

$660,000

$378/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$29,500(-4.3%)

Key Takeaway

Homes in Virginia Village have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in Virginia Village was $660,000 in October 2024, down 4.3% from last year, and the median price per square foot was $378.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $226.5K$220K
-2.9%
2 $430K$539.9K
+25.6%
3 $683K$624.9K
-8.5%
4 $755K$739.9K
-2.0%
5+ $867K$775K
-10.6%

Summary: Virginia Village housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes increased by 25.6%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 10.6%.

Housing Supply in Virginia Village, CO

How many homes are available in Virginia Village, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8792+5.7%

Summary: The Virginia Village real estate market had 92 homes for sale in October 2024, a 5.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 45
+25.0%
2 1314
+7.7%
3 3131
0.0%
4 3133
+6.5%
5+ 89
+12.5%

Summary: The Virginia Village housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 7.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1715-11.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Virginia Village, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Virginia Village in October 2024, down by 11.8% month-over-month. Of the 15 sold homes, 53% were sold under asking, 40% were sold at asking, and 7% were sold over asking.

Days on Market for Virginia Village, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days46 Days+133.7%

Summary: Homes in Virginia Village had an average of 46 days on market in Oct 2024, up by 133.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Virginia Village are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 15 homes were sold in Virginia Village; 47% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 20% 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

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