Is Curtis Park / Five Points, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Curtis Park / Five Points is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Curtis Park / Five Points was a Seller's Market.

Key Takeaway

Curtis Park / Five Points is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Curtis Park / Five Points, CO

How much do homes in Curtis Park / Five Points, CO cost?

Median Sold Price

$695,000

$477/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$32,000(-4.4%)

Key Takeaway

Homes in Curtis Park / Five Points have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Curtis Park / Five Points was $695,000 in May 2024, down 4.4% from last year, and the median price per square foot was $477.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $452.2K$410.5K
-9.2%
2 $625K$678.5K
+8.6%
3 $884.5K$762K
-13.8%
4 $1.0M$1.0M
+0.9%
5+ $962.5K-
N/A

Summary: Curtis Park / Five Points housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.2%, 2 bedroom homes increased by 8.6%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Schinner's
+5.2%
Whittier
-1.5%
Curtis Park / Five Points
-4.4%
Fords
-6.1%

Housing Supply in Curtis Park / Five Points, CO

How many homes are available in Curtis Park / Five Points, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3755+48.6%

Summary: The Curtis Park / Five Points real estate market had 55 homes for sale in May 2024, a 48.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 76
-14.3%
2 1017
+70.0%
3 1522
+46.7%
4 510
+100.0%
5+ 00
0.0%

Summary: The Curtis Park / Five Points housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 70%, 3 bedroom homes increased by 46.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Curtis Park / Five Points, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Curtis Park / Five Points in May 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for Curtis Park / Five Points, CO

How long does it take to sell a home in Curtis Park / Five Points, CO?

Average Sale Time

May 2023May 2024CHANGE
21 Days46 Days+112.3%

Summary: Homes in Curtis Park / Five Points had an average of 46 days on market in May 2024, up by 112.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Curtis Park / Five Points are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 7 homes were sold in Curtis Park / Five Points; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% 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 23 Days Ago

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