Is Berthoud, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berthoud is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Berthoud was a Seller's Market.

Key Takeaway

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

Housing Prices in Berthoud, CO

How much do homes in Berthoud, CO cost?

Median Sold Price

$589,925

$311/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$35,075(-5.6%)

Key Takeaway

Homes in Berthoud have sold for 5.6% less than they did a year ago.

Summary: The median home sold price in Berthoud was $589,925 in September 2024, down 5.6% from last year, and the median price per square foot was $311.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $420.4K$432.9K
+3.0%
3 $568K$499.9K
-12.0%
4 $649.9K$643K
-1.1%
5+ $780K$786.9K
+0.9%

Summary: Berthoud housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 12%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Cities

Johnstown-Milliken
+8.5%
Johnstown
+4.0%
Johnstown
+3.0%
Berthoud
-5.2%
Berthoud
-5.6%

Housing Supply in Berthoud, CO

How many homes are available in Berthoud, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
229235+2.6%

Summary: The Berthoud real estate market had 235 homes for sale in September 2024, a 2.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 22
0.0%
2 1218
+50.0%
3 119110
-7.6%
4 5462
+14.8%
5+ 4243
+2.4%

Summary: The Berthoud housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 2.4%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
4231-26.2%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berthoud, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Berthoud in September 2024, down by 26.2% month-over-month. Of the 31 sold homes, 45% were sold under asking, 35% were sold at asking, and 19% were sold over asking.

Days on Market for Berthoud, CO

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

Average Sale Time

Sep 2023Sep 2024CHANGE
37 Days54 Days+45.2%

Summary: Homes in Berthoud had an average of 54 days on market in Sep 2024, up by 45.2% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Berthoud are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 31 homes were sold in Berthoud; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 16% 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 4 Days Ago

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