Is Lone Tree, 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, Lone Tree has remained a Seller's Market.
Housing Prices in Lone Tree, CO
How much do homes in Lone Tree, CO cost?
Median Sold Price
$835,000
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lone Tree was $835,000 in May 2024, down 5.6% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $355K | $361K | +1.7% |
2 Bedrooms | $585K | $575K | -1.7% |
3 Bedrooms | $705K | $733.5K | +4.0% |
4 Bedrooms | $1.0M | $780K | -22.4% |
5+ Bedrooms | $1.3M | $1.3M | -4.5% |
Summary: Lone Tree housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 22.4%, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Cities
Southwest Arapahoe | $659.6K | $685.9K | +4.0% |
Centennial | $665.2K | $671.6K | +1.0% |
Littleton | $664.6K | $667.4K | 0.4% |
Sedalia | $761.7K | $763.1K | 0.2% |
Lone Tree | $885K | $835K | -5.6% |
Housing Supply in Lone Tree, CO
How many homes are available in Lone Tree, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
76 | 79 | +3.9% |
Summary: The Lone Tree real estate market had 79 homes for sale in May 2024, a 3.9% 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 | 10 | 11 | +10.0% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 17 | 14 | -17.6% |
5+ Bedrooms | 32 | 37 | +15.6% |
Summary: The Lone Tree 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 10%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 15.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 24 | +9.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Lone Tree in May 2024, up by 9.1% month-over-month. Of the 24 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.
Days on Market for Lone Tree, CO
How long does it take to sell a home in Lone Tree, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 26 Days | +42.2% |
Summary: Homes in Lone Tree had an average of 26 days on market in May 2024, up by 42.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 24 homes were sold in Lone Tree; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.