Is Louisville, 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, Louisville has remained a Seller's Market.
Housing Prices in Louisville, CO
How much do homes in Louisville, CO cost?
Median Sold Price
$850,000
$417/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Louisville was $850,000 in April 2024, down 0.6% from last year, and the median price per square foot was $417.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $363K | $301K | -17.1% |
2 Bedrooms | $535K | $463.7K | -13.3% |
3 Bedrooms | $780K | $760K | -2.6% |
4 Bedrooms | $930K | $949K | +2.0% |
5+ Bedrooms | $1.3M | $1.4M | +12.8% |
Summary: Louisville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.1%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Cities
Lafayette | $735.8K | $742.7K | +0.9% |
Broomfield | $619.3K | $624.5K | +0.8% |
Lafayette-Louisville | $795K | $794.8K | 0% |
Louisville | $855K | $850K | -0.6% |
Housing Supply in Louisville, CO
How many homes are available in Louisville, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 95 | +37.7% |
Summary: The Louisville real estate market had 95 homes for sale in April 2024, a 37.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 11 | 13 | +18.2% |
3 Bedrooms | 20 | 28 | +40.0% |
4 Bedrooms | 21 | 34 | +61.9% |
5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The Louisville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 61.9%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 24 | +84.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Louisville in April 2024, up by 84.6% month-over-month. Of the 24 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% were sold over asking.
Days on Market for Louisville, CO
How long does it take to sell a home in Louisville, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 37 Days | -7.3% |
Summary: Homes in Louisville had an average of 37 days on market in Apr 2024, down by 7.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Louisville; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.