Is Englewood, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Englewood has remained a Seller's Market.
Housing Prices in Englewood, CO
How much do homes in Englewood, CO cost?
Median Sold Price
$640,000
$376/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Englewood was $640,000 in April 2024, up 2.6% from last year, and the median price per square foot was $376.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $315K | $300K | -4.8% |
2 Bedrooms | $451K | $462K | +2.4% |
3 Bedrooms | $556K | $568K | +2.2% |
4 Bedrooms | $747.7K | $910K | +21.7% |
5+ Bedrooms | $1.3M | $1.7M | +27.3% |
Summary: Englewood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 27.3%.
Median Sold Price Compared To Nearby Cities
Southwest Arapahoe | $662K | $697.4K | +5.3% |
Englewood | $623.7K | $640K | +2.6% |
Littleton | $636.4K | $652.4K | +2.5% |
Cherry Hills Village | $3.3M | $3.3M | +0.8% |
Housing Supply in Englewood, CO
How many homes are available in Englewood, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
170 | 248 | +45.9% |
Summary: The Englewood real estate market had 248 homes for sale in April 2024, a 45.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 12 | +100.0% |
2 Bedrooms | 36 | 58 | +61.1% |
3 Bedrooms | 51 | 69 | +35.3% |
4 Bedrooms | 31 | 49 | +58.1% |
5+ Bedrooms | 46 | 60 | +30.4% |
Summary: The Englewood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 61.1%, 3 bedroom homes increased by 35.3%, 4 bedroom homes increased by 58.1%, and 5+ bedroom homes increased by 30.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 68 | +74.4% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 68 homes were sold or pending in Englewood in April 2024, up by 74.4% month-over-month. Of the 68 sold homes, 41% were sold under asking, 24% were sold at asking, and 35% were sold over asking.
Days on Market for Englewood, CO
How long does it take to sell a home in Englewood, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 19 Days | -21.7% |
Summary: Homes in Englewood had an average of 19 days on market in Apr 2024, down by 21.7% compared to last year.
Breakdown of Home Sale Times
52 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 68 homes were sold in Englewood; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.