Is Greenwood Village, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenwood Village is a seller's market

Buyer's
Market

Difference Since April 2022

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

Key Takeaway

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

How much do homes in Greenwood Village, CO cost?

Median Sold Price

$1,342,125

$393/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2022

+$86,291(+6.9%)

Key Takeaway

Homes in Greenwood Village have sold for 6.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $327.4K$346K
+5.7%
2 $636.5K$433.5K
-31.9%
3 $955K$710K
-25.7%
4 $1.5M$1.4M
-9.4%
5+ $2.1M$2.2M
+4.0%

Median Sold Price Compared To Nearby Cities

Southwest Arapahoe
+8.4%
Greenwood Village
+6.9%
Englewood
+5.8%
Centennial
+5.4%
Cherry Hills Village
+5.1%

How many homes are available in Greenwood Village, CO?

Number of Homes For Sale

Mar 2023Apr 2023%
78780.0%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 52
-60.0%
2 108
-20.0%
3 109
-10.0%
4 1816
-11.1%
5+ 3543
+22.9%

Number of Homes Sold

Mar 2023Apr 2023%
2520-20.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenwood Village, you may be able to get a good deal. 35% of homes here sold below asking price last month.

Average Sale Time

Apr 2022Apr 2023%
9 Days56 Days+474.6%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Greenwood Village, CO

Number of homes for sale in Greenwood Village, CO real estate market have reached 78. While the average time on the market in April 2023 was 56 days, the median list price was $1,342,125. Listing prices have changed in this real estate market between March 2023 and April 2023: prices of 1 bedroom properties went up by 5.7%, 2 bedrooms properties prices decreased by 31.9%, the cost of 3 bedrooms properties went down by 25.7%, the cost of 4 bedrooms properties went down by 9.4%, the cost of 5 bedrooms properties went up by 4%. Volume of homes for sale changed: 1 bedroom homes became 60% less available, 2 bedrooms homes became 20% less available, the quantity of 3 bedrooms homes went down by 10%, the quantity of 4 bedrooms homes went down by 11.1%, 5 bedrooms homes inventory increased by 22.9%. Greenwood Village, CO housing market in April 2023 saw over 7 listings sold above listed price, more than 6 sold at listed price and over 7 sold below.

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