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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Firestone is a neutral's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

Firestone 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 Firestone, CO

How much do homes in Firestone, CO cost?

Median Sold Price

$575,000

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$7,324(+1.3%)

Key Takeaway

Homes in Firestone have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Firestone was $575,000 in February 2024, up 1.3% from last year, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $430K$427.5K
-0.6%
3 $535K$545K
+1.9%
4 $600K$590K
-1.7%
5+ $655K$625K
-4.6%

Summary: Firestone housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 4.6%.

Median Sold Price Compared To Nearby Cities

Johnstown-Milliken
+2.3%
Firestone
+1.3%
Erie-Frederick
-0.6%
Frederick
-1.8%
Mead
-4.6%

Housing Supply in Firestone, CO

How many homes are available in Firestone, CO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5375+41.5%

Summary: The Firestone real estate market had 75 homes for sale in February 2024, a 41.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1521
+40.0%
4 2432
+33.3%
5+ 1220
+66.7%

Summary: The Firestone housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1411-21.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Firestone, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Firestone in February 2024, down by 21.4% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.

Days on Market for Firestone, CO

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

Average Sale Time

Feb 2023Feb 2024CHANGE
53 Days64 Days+19.1%

Summary: Homes in Firestone had an average of 64 days on market in Feb 2024, up by 19.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 11 homes were sold in Firestone; 45% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 36% 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 Firestone, CO

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