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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Frederick is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Frederick has remained a Seller's Market.

Key Takeaway

Frederick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

-$9,214(-1.7%)

Key Takeaway

Homes in Frederick have sold for 1.7% less than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $290K-
N/A
2 $325K$415K
+27.7%
3 $499.9K$500K
0.0%
4 $570K$585K
+2.6%
5+ $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
+7.6%
Firestone
+1.2%
Erie
-0.2%
Erie-Frederick
-0.8%
Frederick
-1.7%

Housing Supply in Frederick, CO

How many homes are available in Frederick, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
104113+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

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 55
0.0%
3 4853
+10.4%
4 3528
-20.0%
5+ 1627
+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 2024Mar 2024CHANGE
3527-22.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Frederick, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

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 2023Mar 2024CHANGE
52 Days41 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Frederick, CO

Nearby Markets to Frederick, CO

What housing markets are near Frederick, CO?