Is Adams County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Adams County has remained a Seller's Market.
Housing Prices in Adams County, CO
How much do homes in Adams County, CO cost?
Median Sold Price
$509,582
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Adams County was $509,582 in March 2024, up 0.2% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $238K | $220K | -7.6% |
2 Bedrooms | $382.4K | $389.9K | +2.0% |
3 Bedrooms | $495K | $488.4K | -1.3% |
4 Bedrooms | $564.9K | $549.9K | -2.7% |
5+ Bedrooms | $625.4K | $625.1K | 0% |
Summary: Adams County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Jefferson County | $624.2K | $633K | +1.4% |
Broomfield County | $615K | $620.9K | +1.0% |
Adams County | $508.3K | $509.5K | 0.2% |
Arapahoe County | $529.7K | $524.9K | -0.9% |
Denver County | $646.3K | $622.1K | -3.7% |
Housing Supply in Adams County, CO
How many homes are available in Adams County, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2,299 | 2,662 | +15.8% |
Summary: The Adams County real estate market had 2,662 homes for sale in March 2024, a 15.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 26 | 34 | +30.8% |
2 Bedrooms | 283 | 363 | +28.3% |
3 Bedrooms | 967 | 1,140 | +17.9% |
4 Bedrooms | 718 | 784 | +9.2% |
5+ Bedrooms | 305 | 341 | +11.8% |
Summary: The Adams County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 28.3%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
653 | 675 | +3.4% |
Asking Price vs. Sold Price
208 Homes Were Sold
Under Asking
244 Homes Were Sold
At Asking
223 Homes Were Sold
Over Asking
Summary: A total of 675 homes were sold or pending in Adams County in March 2024, up by 3.4% month-over-month. Of the 675 sold homes, 31% were sold under asking, 36% were sold at asking, and 33% were sold over asking.
Days on Market for Adams County, CO
How long does it take to sell a home in Adams County, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 44 Days | +16.5% |
Summary: Homes in Adams County had an average of 44 days on market in Mar 2024, up by 16.5% compared to last year.
Breakdown of Home Sale Times
420 Homes Were Sold
Under 30 Days
138 Homes Were Sold
In 30 - 90 Days
117 Homes Were Sold
Over 90 Days
Summary: During March 2024, 675 homes were sold in Adams County; 62% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.