Is Conifer, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Conifer has remained a Neutral Market.
Key Takeaway
Conifer 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 Conifer, CO
How much do homes in Conifer, CO cost?
Median Sold Price
$828,387
$368/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Conifer have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Conifer was $828,387 in May 2024, up 0.8% from last year, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $435K | $439.9K | +1.1% |
| 2 Bedrooms | $615K | $652.5K | +6.1% |
| 3 Bedrooms | $776.3K | $805.1K | +3.7% |
| 4 Bedrooms | $925.6K | $1.0M | +9.4% |
| 5+ Bedrooms | $1.3M | $1.1M | -19.2% |
Summary: Conifer housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 19.2%.
Median Sold Price Compared To Nearby Cities
| Pine | $585K | $750K | +28.2% |
| South Jefferson | $924.3K | $942K | +1.9% |
| Conifer | $822K | $828.3K | +0.8% |
| Littleton | $664.6K | $667.4K | 0.4% |
Housing Supply in Conifer, CO
How many homes are available in Conifer, CO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 50 | 86 | +72.0% |
Summary: The Conifer real estate market had 86 homes for sale in May 2024, a 72.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 26 | 46 | +76.9% |
| 4 Bedrooms | 16 | 28 | +75.0% |
| 5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Conifer housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 76.9%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Conifer, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Conifer in May 2024, up by 16.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 7% were sold at asking, and 36% were sold over asking.
Days on Market for Conifer, CO
How long does it take to sell a home in Conifer, CO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 14 Days | 73 Days | +406.4% |
Summary: Homes in Conifer had an average of 73 days on market in May 2024, up by 406.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Conifer are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 14 homes were sold in Conifer; 57% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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