Is Gateway / Green Valley Ranch, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gateway / Green Valley Ranch is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Gateway / Green Valley Ranch has remained a Seller's Market.

Key Takeaway

Gateway / Green Valley Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Gateway / Green Valley Ranch, CO

How much do homes in Gateway / Green Valley Ranch, CO cost?

Median Sold Price

$478,375

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$21,625(-4.3%)

Key Takeaway

Homes in Gateway / Green Valley Ranch have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in Gateway / Green Valley Ranch was $478,375 in March 2024, down 4.3% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $299K$290K
-3.0%
2 $435K$408K
-6.2%
3 $492.5K$473.6K
-3.8%
4 $535K$543K
+1.5%
5+ $635K$670K
+5.5%

Summary: Gateway / Green Valley Ranch housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 5.5%.

Median Sold Price Compared To Nearby Neighborhoods

First Creek Farm
-1.6%
Gateway / Green Valley Ranch
-4.3%
Parkfield
-5.7%

Housing Supply in Gateway / Green Valley Ranch, CO

How many homes are available in Gateway / Green Valley Ranch, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
148178+20.3%

Summary: The Gateway / Green Valley Ranch real estate market had 178 homes for sale in March 2024, a 20.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 2729
+7.4%
3 7397
+32.9%
4 3236
+12.5%
5+ 1414
0.0%

Summary: The Gateway / Green Valley Ranch 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 7.4%, 3 bedroom homes increased by 32.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3453+55.9%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gateway / Green Valley Ranch, you could pay more than the asking price. 45.3% of homes here sold above asking price last month.

Summary: A total of 53 homes were sold or pending in Gateway / Green Valley Ranch in March 2024, up by 55.9% month-over-month. Of the 53 sold homes, 21% were sold under asking, 34% were sold at asking, and 45% were sold over asking.

Days on Market for Gateway / Green Valley Ranch, CO

How long does it take to sell a home in Gateway / Green Valley Ranch, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
57 Days24 Days-56.7%

Summary: Homes in Gateway / Green Valley Ranch had an average of 24 days on market in Mar 2024, down by 56.7% compared to last year.

Breakdown of Home Sale Times

41 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gateway / Green Valley Ranch are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 53 homes were sold in Gateway / Green Valley Ranch; 77% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 6% 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 23 Days Ago

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