Is East Adams, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, East Adams was a Buyer's Market.
Housing Prices in East Adams, CO
How much do homes in East Adams, CO cost?
Median Sold Price
$465,000
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Adams was $465,000 in May 2024, down 3.1% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $378K | $630K | +66.7% |
3 Bedrooms | $463K | $435K | -6.0% |
4 Bedrooms | $472.4K | $530K | +12.2% |
5+ Bedrooms | $855K | $770K | -9.9% |
Summary: East Adams 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 66.7%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes decreased by 9.9%.
Median Sold Price Compared To Nearby Cities
East Arapahoe | $625K | $610K | -2.4% |
East Adams | $480K | $465K | -3.1% |
Bennett | $485K | $437.4K | -9.8% |
Housing Supply in East Adams, CO
How many homes are available in East Adams, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
94 | 103 | +9.6% |
Summary: The East Adams real estate market had 103 homes for sale in May 2024, a 9.6% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 59 | 61 | +3.4% |
4 Bedrooms | 27 | 31 | +14.8% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The East Adams 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 3.4%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 35 | +52.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in East Adams in May 2024, up by 52.2% month-over-month. Of the 35 sold homes, 34% were sold under asking, 29% were sold at asking, and 37% were sold over asking.
Days on Market for East Adams, CO
How long does it take to sell a home in East Adams, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 44 Days | +10.4% |
Summary: Homes in East Adams had an average of 44 days on market in May 2024, up by 10.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 35 homes were sold in East Adams; 66% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.