Is Adams County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$514,370
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Adams County was $514,370 in June 2024, up 2.7% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $226.5K | -1.5% |
2 Bedrooms | $375K | $387.4K | +3.3% |
3 Bedrooms | $485.1K | $489.9K | +1.0% |
4 Bedrooms | $559.7K | $555.3K | -0.8% |
5+ Bedrooms | $625K | $639.8K | +2.4% |
Summary: Adams County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Counties
Jefferson County | $626.8K | $652.1K | +4.0% |
Adams County | $500.6K | $514.3K | +2.7% |
Broomfield County | $615.8K | $630.7K | +2.4% |
Arapahoe County | $540.1K | $539.7K | -0.1% |
Denver County | $680.1K | $651.8K | -4.2% |
Housing Supply in Adams County, CO
How many homes are available in Adams County, CO?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
2,543 | 2,618 | +2.9% |
Summary: The Adams County real estate market had 2,618 homes for sale in June 2024, a 2.9% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 39 | 41 | +5.1% |
2 Bedrooms | 347 | 371 | +6.9% |
3 Bedrooms | 1,072 | 1,092 | +1.9% |
4 Bedrooms | 739 | 741 | 0.3% |
5+ Bedrooms | 346 | 373 | +7.8% |
Summary: The Adams County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.1%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 7.8%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
713 | 602 | -15.6% |
Asking Price vs. Sold Price
191 Homes Were Sold
Under Asking
203 Homes Were Sold
At Asking
208 Homes Were Sold
Over Asking
Summary: A total of 602 homes were sold or pending in Adams County in June 2024, down by 15.6% month-over-month. Of the 602 sold homes, 32% were sold under asking, 34% were sold at asking, and 35% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
18 Days | 31 Days | +66.2% |
Summary: Homes in Adams County had an average of 31 days on market in Jun 2024, up by 66.2% compared to last year.
Breakdown of Home Sale Times
392 Homes Were Sold
Under 30 Days
168 Homes Were Sold
In 30 - 90 Days
42 Homes Were Sold
Over 90 Days
Summary: During June 2024, 602 homes were sold in Adams County; 65% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.