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 October 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

$442,000

$328/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$188,000(-29.8%)

Key Takeaway

Homes in Washington Virginia Vale have sold for 29.8% less than they did a year ago.

Summary: The median home sold price in Washington Virginia Vale was $442,000 in October 2024, down 29.8% from last year, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $295K$250K
-15.3%
2 $338.5K$332.5K
-1.8%
3 $630K$497.5K
-21.0%
4 $728.5K$777K
+6.7%
5+ $711.7K$900K
+26.4%

Summary: Washington Virginia Vale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.3%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 21%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 26.4%.

Median Sold Price Compared To Nearby Neighborhoods

Virginia Vale
+7.0%
Washington Virginia Vale
-29.8%

Housing Supply in Washington Virginia Vale, CO

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8199+22.2%

Summary: The Washington Virginia Vale real estate market had 99 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 78
+14.3%
2 2429
+20.8%
3 2434
+41.7%
4 1517
+13.3%
5+ 1111
0.0%

Summary: The Washington Virginia Vale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 20.8%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 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. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Washington Virginia Vale in October 2024, down by 15.4% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% 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

Oct 2023Oct 2024CHANGE
5 Days19 Days+238.6%

Summary: Homes in Washington Virginia Vale had an average of 19 days on market in Oct 2024, up by 238.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 11 homes were sold in Washington Virginia Vale; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% 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

Newest Listings in Washington Virginia Vale, CO

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