Is Bennett, 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, Bennett has remained a Seller's Market.
Housing Prices in Bennett, CO
How much do homes in Bennett, CO cost?
Median Sold Price
$475,000
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bennett was $475,000 in March 2024, down 3.4% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $345K | $378K | +9.6% |
3 Bedrooms | $464.5K | $440K | -5.3% |
4 Bedrooms | $530K | $489.5K | -7.6% |
5+ Bedrooms | $725K | $765K | +5.5% |
Summary: Bennett housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.6%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
East Adams | $486.5K | $475K | -2.4% |
Bennett | $491.5K | $475K | -3.4% |
East Arapahoe | $625K | $599K | -4.2% |
Housing Supply in Bennett, CO
How many homes are available in Bennett, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
64 | 57 | -10.9% |
Summary: The Bennett real estate market had 57 homes for sale in March 2024, a 10.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 32 | 28 | -12.5% |
4 Bedrooms | 16 | 15 | -6.3% |
5+ Bedrooms | 15 | 12 | -20.0% |
Summary: The Bennett 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 decreased by 12.5%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 16 | -20.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Bennett in March 2024, down by 20.0% month-over-month. Of the 16 sold homes, 44% were sold under asking, 19% were sold at asking, and 38% were sold over asking.
Days on Market for Bennett, CO
How long does it take to sell a home in Bennett, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
56 Days | 41 Days | -26.3% |
Summary: Homes in Bennett had an average of 41 days on market in Mar 2024, down by 26.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Bennett; 81% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.