Is Florissant, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Florissant was a Seller's Market.
Key Takeaway
Florissant is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Florissant, CO
How much do homes in Florissant, CO cost?
Median Sold Price
$488,000
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Florissant have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Florissant was $488,000 in March 2024, up 6.1% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330K | $366K | +10.9% |
| 2 Bedrooms | $375K | $374K | -0.3% |
| 3 Bedrooms | $475K | $495K | +4.2% |
| 4 Bedrooms | $515K | $532.5K | +3.4% |
| 5+ Bedrooms | $646.9K | - | N/A |
Summary: Florissant housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.9%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Florissant | $460K | $488K | +6.1% |
| Divide | $521.6K | $535K | +2.6% |
| Lake George | $474.5K | $454K | -4.3% |
| Guffey | $615K | $520K | -15.4% |
Housing Supply in Florissant, CO
How many homes are available in Florissant, CO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 91 | 100 | +9.9% |
Summary: The Florissant real estate market had 100 homes for sale in March 2024, a 9.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 13 | 17 | +30.8% |
| 3 Bedrooms | 53 | 61 | +15.1% |
| 4 Bedrooms | 14 | 11 | -21.4% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Florissant housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 13 | +160.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Florissant, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Florissant in March 2024, up by 160.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% were sold over asking.
Days on Market for Florissant, CO
How long does it take to sell a home in Florissant, CO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 98 Days | 128 Days | +31.2% |
Summary: Homes in Florissant had an average of 128 days on market in Mar 2024, up by 31.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Florissant are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 13 homes were sold in Florissant; 31% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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