Is Aspen Park, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aspen Park is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Aspen Park has remained a Buyer's Market.

Key Takeaway

Aspen Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Aspen Park, CO

How much do homes in Aspen Park, CO cost?

Median Sold Price

$870,000

$291/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$35,000(+4.2%)

Key Takeaway

Homes in Aspen Park have sold for 4.2% more than they did a month ago.

Summary: The median home sold price in Aspen Park was $870,000 in March 2024, up 4.2% from last month, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $935K$735K
-21.4%
4 $735K-
N/A
5+ -$870K
N/A

Summary: Aspen Park housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 21.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Aspen Park, CO

How many homes are available in Aspen Park, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2331+34.8%

Summary: The Aspen Park real estate market had 31 homes for sale in March 2024, a 34.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 79
+28.6%
4 58
+60.0%
5+ 88
0.0%

Summary: The Aspen Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aspen Park, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Aspen Park in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Aspen Park, CO

How long does it take to sell a home in Aspen Park, CO?

Average Sale Time

Feb 2024Mar 2024CHANGE
74 Days80 Days+7.7%

Summary: Homes in Aspen Park had an average of 80 days on market in Mar 2024, up by 7.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Aspen Park are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 4 homes were sold in Aspen Park; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

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