Is Candelas, 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, Candelas was a Seller's Market.
Housing Prices in Candelas, CO
How much do homes in Candelas, CO cost?
Median Sold Price
$865,000
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Candelas was $865,000 in June 2024, down 2.3% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $475K | - | N/A |
3 Bedrooms | $775K | $754.5K | -2.6% |
4 Bedrooms | $925K | $930K | 0.5% |
5+ Bedrooms | $1.1M | $935K | -18.0% |
Summary: Candelas 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 did not change, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 18%.
Housing Supply in Candelas, CO
How many homes are available in Candelas, CO?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
47 | 72 | +53.2% |
Summary: The Candelas real estate market had 72 homes for sale in June 2024, a 53.2% 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 | 16 | 20 | +25.0% |
4 Bedrooms | 13 | 24 | +84.6% |
5+ Bedrooms | 15 | 22 | +46.7% |
Summary: The Candelas 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 increased by 25%, 4 bedroom homes increased by 84.6%, and 5+ bedroom homes increased by 46.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Candelas in June 2024, down by 11.1% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Candelas, CO
How long does it take to sell a home in Candelas, CO?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
26 Days | 18 Days | -31.7% |
Summary: Homes in Candelas had an average of 18 days on market in Jun 2024, down by 31.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 8 homes were sold in Candelas; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.