Is Englewood, 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, Englewood has remained a Seller's Market.
Housing Prices in Englewood, CO
How much do homes in Englewood, CO cost?
Median Sold Price
$591,571
$359/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Englewood was $591,571 in March 2024, up 2% from last year, and the median price per square foot was $359.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | $304.5K | +3.2% |
2 Bedrooms | $442.5K | $425K | -4.0% |
3 Bedrooms | $553.6K | $555K | 0.2% |
4 Bedrooms | $702.5K | $750K | +6.8% |
5+ Bedrooms | $1.4M | $1.6M | +17.9% |
Summary: Englewood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 17.9%.
Median Sold Price Compared To Nearby Cities
Southwest Arapahoe | $639.8K | $653.1K | +2.1% |
Englewood | $579.9K | $591.5K | +2.0% |
Littleton | $629.7K | $632.9K | 0.5% |
Cherry Hills Village | $3.3M | $3.2M | -2.4% |
Sheridan | $465K | $446.5K | -4.0% |
Housing Supply in Englewood, CO
How many homes are available in Englewood, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
313 | 351 | +12.1% |
Summary: The Englewood real estate market had 351 homes for sale in March 2024, a 12.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 18 | +12.5% |
2 Bedrooms | 54 | 63 | +16.7% |
3 Bedrooms | 103 | 110 | +6.8% |
4 Bedrooms | 70 | 73 | +4.3% |
5+ Bedrooms | 70 | 87 | +24.3% |
Summary: The Englewood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 24.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
95 | 120 | +26.3% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Summary: A total of 120 homes were sold or pending in Englewood in March 2024, up by 26.3% month-over-month. Of the 120 sold homes, 38% were sold under asking, 23% were sold at asking, and 39% were sold over asking.
Days on Market for Englewood, CO
How long does it take to sell a home in Englewood, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 46 Days | +54.2% |
Summary: Homes in Englewood had an average of 46 days on market in Mar 2024, up by 54.2% compared to last year.
Breakdown of Home Sale Times
75 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Summary: During March 2024, 120 homes were sold in Englewood; 63% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.