Is East Arapahoe, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, East Arapahoe has remained a Seller's Market.
Housing Prices in East Arapahoe, CO
How much do homes in East Arapahoe, CO cost?
Median Sold Price
$599,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in East Arapahoe was $599,000 in March 2024, down 4.2% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $254.5K | N/A |
2 Bedrooms | $431.1K | $425K | -1.4% |
3 Bedrooms | $566.3K | $525K | -7.3% |
4 Bedrooms | $658.9K | $654.8K | -0.6% |
5+ Bedrooms | $790K | $775K | -1.9% |
Summary: East Arapahoe 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 decreased by 1.4%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Cities
Strasburg | $499.9K | $535K | +7.0% |
Byers | $560K | $550K | -1.8% |
East Adams | $486.5K | $475K | -2.4% |
Bennett | $491.5K | $475K | -3.4% |
East Arapahoe | $625K | $599K | -4.2% |
Housing Supply in East Arapahoe, CO
How many homes are available in East Arapahoe, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
461 | 522 | +13.2% |
Summary: The East Arapahoe real estate market had 522 homes for sale in March 2024, a 13.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 34 | 39 | +14.7% |
3 Bedrooms | 189 | 204 | +7.9% |
4 Bedrooms | 146 | 178 | +21.9% |
5+ Bedrooms | 90 | 98 | +8.9% |
Summary: The East Arapahoe housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes increased by 8.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
106 | 137 | +29.2% |
Asking Price vs. Sold Price
65 Homes Were Sold
Under Asking
53 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 137 homes were sold or pending in East Arapahoe in March 2024, up by 29.2% month-over-month. Of the 137 sold homes, 47% were sold under asking, 39% were sold at asking, and 14% were sold over asking.
Days on Market for East Arapahoe, CO
How long does it take to sell a home in East Arapahoe, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
63 Days | 61 Days | -3.3% |
Summary: Homes in East Arapahoe had an average of 61 days on market in Mar 2024, down by 3.3% compared to last year.
Breakdown of Home Sale Times
70 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
39 Homes Were Sold
Over 90 Days
Summary: During March 2024, 137 homes were sold in East Arapahoe; 51% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.