Is West Louisville, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Louisville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, West Louisville was a Neutral Market.

Key Takeaway

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

Housing Prices in West Louisville, CO

How much do homes in West Louisville, CO cost?

Median Sold Price

$1,459,305

$503/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$649,305(+80.2%)

Key Takeaway

Homes in West Louisville have sold for 80.2% more than they did a month ago.

Summary: The median home sold price in West Louisville was $1,459,305 in October 2024, up 80.2% from last month, and the median price per square foot was $503.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$875K
N/A
4 $810K$1.5M
+89.3%
5+ -$1.4M
N/A

Summary: West Louisville 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 increased by 89.3%, and 5+ bedroom homes did not change.

Housing Supply in West Louisville, CO

How many homes are available in West Louisville, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1416+14.3%

Summary: The West Louisville real estate market had 16 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 78
+14.3%
5+ 67
+16.7%

Summary: The West Louisville 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 remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Louisville, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in West Louisville in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for West Louisville, CO

How long does it take to sell a home in West Louisville, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
35 Days71 Days+101.1%

Summary: Homes in West Louisville had an average of 71 days on market in Oct 2024, up by 101.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in West Louisville; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 West Louisville, CO

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