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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berthoud is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Berthoud has remained a Seller's Market.

Key Takeaway

Berthoud is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Berthoud, CO

How much do homes in Berthoud, CO cost?

Median Sold Price

$599,900

$309/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$20,700(-3.3%)

Key Takeaway

Homes in Berthoud have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in Berthoud was $599,900 in August 2024, down 3.3% from last year, and the median price per square foot was $309.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $402.5K$432.7K
+7.5%
3 $560K$520K
-7.1%
4 $664.5K$636K
-4.3%
5+ $761.2K$798.9K
+4.9%

Summary: Berthoud housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Cities

Johnstown-Milliken
+8.5%
Loveland
+0.6%
Berthoud
-3.2%
Berthoud
-3.3%

Housing Supply in Berthoud, CO

How many homes are available in Berthoud, CO?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
231245+6.1%

Summary: The Berthoud real estate market had 245 homes for sale in August 2024, a 6.1% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 12
+100.0%
2 1613
-18.8%
3 117125
+6.8%
4 6059
-1.7%
5+ 3746
+24.3%

Summary: The Berthoud housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 24.3%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
3144+41.9%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

5 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. 54.5% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in Berthoud in August 2024, up by 41.9% month-over-month. Of the 44 sold homes, 55% were sold under asking, 34% were sold at asking, and 11% 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

Aug 2023Aug 2024CHANGE
23 Days62 Days+163.9%

Summary: Homes in Berthoud had an average of 62 days on market in Aug 2024, up by 163.9% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

9 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 August 2024, 44 homes were sold in Berthoud; 55% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 20% 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 9 Days Ago

Newest Listings in Berthoud, CO

Nearby Markets to Berthoud, CO

What housing markets are near Berthoud, CO?