Is Frederick, 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, Frederick has remained a Seller's Market.
Housing Prices in Frederick, CO
How much do homes in Frederick, CO cost?
Median Sold Price
$535,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Frederick was $535,000 in March 2024, down 1.7% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $290K | - | N/A |
2 Bedrooms | $325K | $415K | +27.7% |
3 Bedrooms | $499.9K | $500K | 0.0% |
4 Bedrooms | $570K | $585K | +2.6% |
5+ Bedrooms | $632.4K | $610K | -3.5% |
Summary: Frederick 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 increased by 27.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 3.5%.
Median Sold Price Compared To Nearby Cities
Dacono | $460K | $495K | +7.6% |
Firestone | $568K | $575K | +1.2% |
Erie | $727.4K | $726.2K | -0.2% |
Erie-Frederick | $595K | $590.3K | -0.8% |
Frederick | $544.2K | $535K | -1.7% |
Housing Supply in Frederick, CO
How many homes are available in Frederick, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
104 | 113 | +8.7% |
Summary: The Frederick real estate market had 113 homes for sale in March 2024, a 8.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 48 | 53 | +10.4% |
4 Bedrooms | 35 | 28 | -20.0% |
5+ Bedrooms | 16 | 27 | +68.8% |
Summary: The Frederick 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 remained the same, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 68.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 27 | -22.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Frederick in March 2024, down by 22.9% month-over-month. Of the 27 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Frederick, CO
How long does it take to sell a home in Frederick, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 41 Days | -20.5% |
Summary: Homes in Frederick had an average of 41 days on market in Mar 2024, down by 20.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in Frederick; 56% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.