Is Dacono, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dacono is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Dacono, CO

How much do homes in Dacono, CO cost?

Median Sold Price

$475,000

$279/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$22,500(+5.0%)

Key Takeaway

Homes in Dacono have sold for 5% more than they did a year ago.

Summary: The median home sold price in Dacono was $475,000 in May 2024, up 5% from last year, and the median price per square foot was $279.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $255K$346.2K
+35.8%
3 $470K$471K
0.2%
4 $466.2K$525K
+12.6%
5+ $862.5K$856.5K
-0.7%

Summary: Dacono housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.8%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes decreased by 0.7%.

Median Sold Price Compared To Nearby Cities

Dacono
+5.0%
Erie-Frederick
-0.1%
Frederick
-3.5%

Housing Supply in Dacono, CO

How many homes are available in Dacono, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2638+46.2%

Summary: The Dacono real estate market had 38 homes for sale in May 2024, a 46.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 1923
+21.1%
4 611
+83.3%
5+ 01
+100.0%

Summary: The Dacono 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 increased by 200%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

5 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 Dacono, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Dacono in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.

Days on Market for Dacono, CO

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

Average Sale Time

May 2023May 2024CHANGE
29 Days40 Days+34.6%

Summary: Homes in Dacono had an average of 40 days on market in May 2024, up by 34.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 7 homes were sold in Dacono; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 1 Day Ago

Newest Listings in Dacono, CO

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