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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington Virginia Vale is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Washington Virginia Vale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Washington Virginia Vale, CO

How much do homes in Washington Virginia Vale, CO cost?

Median Sold Price

$475,000

$332/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$145,000(-23.4%)

Key Takeaway

Homes in Washington Virginia Vale have sold for 23.4% less than they did a year ago.

Summary: The median home sold price in Washington Virginia Vale was $475,000 in November 2024, down 23.4% from last year, and the median price per square foot was $332.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $267.5K$251K
-6.2%
2 $325K$340K
+4.6%
3 $640K$507.5K
-20.7%
4 $729.2K$780K
+7.0%
5+ $738.3K$995K
+34.8%

Summary: Washington Virginia Vale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 20.7%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 34.8%.

Housing Supply in Washington Virginia Vale, CO

How many homes are available in Washington Virginia Vale, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8895+8.0%

Summary: The Washington Virginia Vale real estate market had 95 homes for sale in November 2024, a 8.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 810
+25.0%
2 2733
+22.2%
3 2725
-7.4%
4 1615
-6.3%
5+ 1012
+20.0%

Summary: The Washington Virginia Vale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1113+18.2%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington Virginia Vale, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Washington Virginia Vale in November 2024, up by 18.2% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.

Days on Market for Washington Virginia Vale, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days30 Days-5.3%

Summary: Homes in Washington Virginia Vale had an average of 30 days on market in Nov 2024, down by 5.3% compared to last year.

Breakdown of Home Sale Times

9 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

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

Summary: During November 2024, 13 homes were sold in Washington Virginia Vale; 69% of homes were sold within 30 days, 31% 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 17 Days Ago

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