Is Aspen Park, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Aspen Park was a Seller's Market.
Key Takeaway
Aspen Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Aspen Park, CO
How much do homes in Aspen Park, CO cost?
Median Sold Price
$756,250
$324/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Aspen Park have sold for 8.4% less than they did a year ago.
Summary: The median home sold price in Aspen Park was $756,250 in June 2024, down 8.4% from last year, and the median price per square foot was $324.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $349K | N/A |
| 2 Bedrooms | $599.8K | $660K | +10.0% |
| 3 Bedrooms | $780K | $702K | -10.0% |
| 4 Bedrooms | $826K | $912K | +10.4% |
| 5+ Bedrooms | $1.4M | $870K | -41.4% |
Summary: Aspen Park housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 41.4%.
Housing Supply in Aspen Park, CO
How many homes are available in Aspen Park, CO?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 29 | 33 | +13.8% |
Summary: The Aspen Park real estate market had 33 homes for sale in June 2024, a 13.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Aspen Park housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Aspen Park, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Aspen Park in June 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 44 Days | 64 Days | +44.6% |
Summary: Homes in Aspen Park had an average of 64 days on market in Jun 2024, up by 44.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Aspen Park are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 5 homes were sold in Aspen Park; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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