Is Washington County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Washington County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Washington County, CO

How much do homes in Washington County, CO cost?

Median Sold Price

$169,450

$103/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$150,550(-47.0%)

Key Takeaway

Homes in Washington County have sold for 47% less than they did a month ago.

Summary: The median home sold price in Washington County was $169,450 in October 2024, down 47% from last month, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$129.4K
N/A
3 $320K-
N/A
4 $320K$169.9K
-46.9%
5+ -$355K
N/A

Summary: Washington County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 46.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Yuma County
+88.5%
Washington County
-47.0%

Housing Supply in Washington County, CO

How many homes are available in Washington County, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2021+5.0%

Summary: The Washington County real estate market had 21 homes for sale in October 2024, a 5.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 45
+25.0%
4 98
-11.1%
5+ 23
+50.0%

Summary: The Washington County 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Washington County in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Washington County, CO

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

Average Sale Time

Sep 2024Oct 2024CHANGE
25 Days61 Days+139.3%

Summary: Homes in Washington County had an average of 61 days on market in Oct 2024, up by 139.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Washington County has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Washington County; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 3 Days Ago

Newest Listings in Washington County, CO

Nearby Markets to Washington County, CO

What housing markets are near Washington County, CO?