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 neutral's market

Buyer's
Market

Difference Since Last Month

Last month, West Louisville was a Seller's Market.

Key Takeaway

West Louisville 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 West Louisville, CO

How much do homes in West Louisville, CO cost?

Median Sold Price

$1,244,000

$435/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$215,305(-14.8%)

Key Takeaway

Homes in West Louisville have sold for 14.8% less than they did a month ago.

Summary: The median home sold price in West Louisville was $1,244,000 in November 2024, down 14.8% from last month, and the median price per square foot was $435.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $875K-
N/A
4 $1.5M$938K
-38.8%
5+ $1.4M$1.5M
+6.2%

Summary: West Louisville housing prices by bedroom type for November 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 38.8%, and 5+ bedroom homes increased by 6.2%.

Median Sold Price Compared To Nearby Neighborhoods

Centennial
-0.8%
West Louisville
-14.8%

Housing Supply in West Louisville, CO

How many homes are available in West Louisville, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1512-20.0%

Summary: The West Louisville real estate market had 12 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 76
-14.3%
5+ 76
-14.3%

Summary: The West Louisville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in West Louisville in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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

Oct 2024Nov 2024CHANGE
71 Days70 Days-2.0%

Summary: Homes in West Louisville had an average of 70 days on market in Nov 2024, down by 2% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in West Louisville has remained consistent over time.

Summary: During November 2024, 2 homes were sold in West Louisville; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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

Newest Listings in West Louisville, CO

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