Is Central Platte Valley & Prospect, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Central Platte Valley & Prospect was a Buyer's Market.
Housing Prices in Central Platte Valley & Prospect, CO
How much do homes in Central Platte Valley & Prospect, CO cost?
Median Sold Price
$730,000
$643/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Central Platte Valley & Prospect was $730,000 in April 2024, down 8.8% from last year, and the median price per square foot was $643.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $525K | $570K | +8.6% |
2 Bedrooms | $1.0M | $850K | -16.7% |
3 Bedrooms | - | $1.3M | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Central Platte Valley & Prospect housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Highland | $832.5K | $881.2K | +5.8% |
Northwest Denver | $776.3K | $756.7K | -2.5% |
Union Station / Lower Downtown | $800K | $764.8K | -4.4% |
Central Platte Valley & Prospect | $800K | $730K | -8.8% |
The Commons | $838.5K | $738K | -12.0% |
Housing Supply in Central Platte Valley & Prospect, CO
How many homes are available in Central Platte Valley & Prospect, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 33 | +50.0% |
Summary: The Central Platte Valley & Prospect real estate market had 33 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 10 | +66.7% |
2 Bedrooms | 13 | 19 | +46.2% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Central Platte Valley & Prospect housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 46.2%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 5 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Central Platte Valley & Prospect in April 2024, up by 100.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Central Platte Valley & Prospect, CO
How long does it take to sell a home in Central Platte Valley & Prospect, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 54 Days | +108.5% |
Summary: Homes in Central Platte Valley & Prospect had an average of 54 days on market in Apr 2024, up by 108.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Central Platte Valley & Prospect; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.