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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Englewood is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Englewood was a Seller's Market.

Key Takeaway

Englewood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Englewood, CO

How much do homes in Englewood, CO cost?

Median Sold Price

$620,000

$356/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$4,000(-0.6%)

Key Takeaway

Homes in Englewood have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in Englewood was $620,000 in September 2024, down 0.6% from last year, and the median price per square foot was $356.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $310K$298K
-3.9%
2 $451K$441.5K
-2.1%
3 $555K$570K
+2.7%
4 $762.5K$814.2K
+6.8%
5+ $1.7M$1.5M
-10.8%

Summary: Englewood housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 10.8%.

Median Sold Price Compared To Nearby Cities

Littleton
0.5%
Southwest Arapahoe
-0.5%
Englewood
-0.6%
Sheridan
-7.4%
Cherry Hills Village
-7.5%

Housing Supply in Englewood, CO

How many homes are available in Englewood, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
317366+15.5%

Summary: The Englewood real estate market had 366 homes for sale in September 2024, a 15.5% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 1822
+22.2%
2 6882
+20.6%
3 92102
+10.9%
4 7084
+20.0%
5+ 6976
+10.1%

Summary: The Englewood housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 10.1%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
5453-1.9%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Englewood, you may be able to get a good deal. 43.4% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in Englewood in September 2024, down by 1.9% month-over-month. Of the 53 sold homes, 43% were sold under asking, 34% were sold at asking, and 23% 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

Sep 2023Sep 2024CHANGE
21 Days35 Days+66.5%

Summary: Homes in Englewood had an average of 35 days on market in Sep 2024, up by 66.5% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 53 homes were sold in Englewood; 68% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% 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 3 Days Ago

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