Is Dome Rock / Longview, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dome Rock / Longview is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Dome Rock / Longview has remained a Seller's Market.

Key Takeaway

Dome Rock / Longview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dome Rock / Longview, CO

How much do homes in Dome Rock / Longview, CO cost?

Median Sold Price

$831,500

$334/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$113,500(-12.0%)

Key Takeaway

Homes in Dome Rock / Longview have sold for 12% less than they did a year ago.

Summary: The median home sold price in Dome Rock / Longview was $831,500 in April 2024, down 12% from last year, and the median price per square foot was $334.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$530.8K
N/A
2 $350K$585K
+67.1%
3 $762K$807.8K
+6.0%
4 $923.7K$903.5K
-2.2%
5+ $1.0M$1.0M
-0.1%

Summary: Dome Rock / Longview housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 67.1%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 0.1%.

Housing Supply in Dome Rock / Longview, CO

How many homes are available in Dome Rock / Longview, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1013+30.0%

Summary: The Dome Rock / Longview real estate market had 13 homes for sale in April 2024, a 30.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 45
+25.0%
5+ 35
+66.7%

Summary: The Dome Rock / Longview housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dome Rock / Longview, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Dome Rock / Longview in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Dome Rock / Longview, CO

How long does it take to sell a home in Dome Rock / Longview, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
16 Days61 Days+281.3%

Summary: Homes in Dome Rock / Longview had an average of 61 days on market in Apr 2024, up by 281.3% compared to last year.

Breakdown of Home Sale Times

3 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 Dome Rock / Longview are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Dome Rock / Longview; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 13 Days Ago

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