Is Berthoud, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Berthoud was a Seller's Market.
Housing Prices in Berthoud, CO
How much do homes in Berthoud, CO cost?
Median Sold Price
$618,966
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Berthoud was $618,966 in March 2024, up 3.2% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $410K | $416.1K | +1.5% |
3 Bedrooms | $551.1K | $552.5K | 0.2% |
4 Bedrooms | $640K | $631.2K | -1.4% |
5+ Bedrooms | $755K | $745K | -1.3% |
Summary: Berthoud 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 1.5%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
Berthoud | $600K | $618.9K | +3.2% |
Johnstown-Milliken | $499.5K | $514.9K | +3.1% |
Berthoud | $600.2K | $606.7K | +1.1% |
Loveland | $510.6K | $499.6K | -2.2% |
Housing Supply in Berthoud, CO
How many homes are available in Berthoud, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
145 | 178 | +22.8% |
Summary: The Berthoud real estate market had 178 homes for sale in March 2024, a 22.8% increase 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 | 11 | 18 | +63.6% |
3 Bedrooms | 62 | 77 | +24.2% |
4 Bedrooms | 37 | 46 | +24.3% |
5+ Bedrooms | 35 | 37 | +5.7% |
Summary: The Berthoud 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 63.6%, 3 bedroom homes increased by 24.2%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes increased by 5.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 27 | +8.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Berthoud in March 2024, up by 8.0% month-over-month. Of the 27 sold homes, 44% were sold under asking, 30% were sold at asking, and 26% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
97 Days | 72 Days | -25.1% |
Summary: Homes in Berthoud had an average of 72 days on market in Mar 2024, down by 25.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in Berthoud; 22% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.