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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dacono is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Dacono, CO

How much do homes in Dacono, CO cost?

Median Sold Price

$495,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$35,000(+7.6%)

Key Takeaway

Homes in Dacono have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Dacono was $495,000 in March 2024, up 7.6% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $237K$305K
+28.7%
3 $460K$480K
+4.3%
4 $542K$540K
-0.4%
5+ $575K$556K
-3.3%

Summary: Dacono 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 28.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 3.3%.

Median Sold Price Compared To Nearby Cities

Dacono
+7.6%
Erie-Frederick
-0.8%
Frederick
-1.7%

Housing Supply in Dacono, CO

How many homes are available in Dacono, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3843+13.2%

Summary: The Dacono real estate market had 43 homes for sale in March 2024, a 13.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 41
-75.0%
3 2533
+32.0%
4 99
0.0%
5+ 00
0.0%

Summary: The Dacono 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 decreased by 75%, 3 bedroom homes increased by 32%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
817+112.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dacono, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.

Summary: A total of 17 homes were sold or pending in Dacono in March 2024, up by 112.5% month-over-month. Of the 17 sold homes, 41% were sold under asking, 47% were sold at asking, and 12% were sold over asking.

Days on Market for Dacono, CO

How long does it take to sell a home in Dacono, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
58 Days43 Days-25.7%

Summary: Homes in Dacono had an average of 43 days on market in Mar 2024, down by 25.7% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dacono are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 17 homes were sold in Dacono; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 18% 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 27 Days Ago

Newest Listings in Dacono, CO

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