Is Westridge Village, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westridge Village is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Westridge Village has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Westridge Village, CO

How much do homes in Westridge Village, CO cost?

Median Sold Price

$682,500

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$7,500(-1.1%)

Key Takeaway

Homes in Westridge Village have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Westridge Village was $682,500 in November 2024, down 1.1% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $590K-
N/A
3 $655K$638.5K
-2.5%
4 $669K$665K
-0.6%
5+ $867.5K$827.5K
-4.6%

Summary: Westridge Village housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 4.6%.

Median Sold Price Compared To Nearby Neighborhoods

Westridge Village
-1.1%
Westridge
-1.6%

Housing Supply in Westridge Village, CO

How many homes are available in Westridge Village, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2622-15.4%

Summary: The Westridge Village real estate market had 22 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1111
0.0%
4 55
0.0%
5+ 106
-40.0%

Summary: The Westridge Village 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westridge Village, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Westridge Village in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for Westridge Village, CO

How long does it take to sell a home in Westridge Village, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days18 Days+34.5%

Summary: Homes in Westridge Village had an average of 18 days on market in Nov 2024, up by 34.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Westridge Village; 67% of homes were sold within 30 days, 33% 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 21 Days Ago

Newest Listings in Westridge Village, CO

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