Is Greenwood Village, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Greenwood Village has remained a Seller's Market.
Housing Prices in Greenwood Village, CO
How much do homes in Greenwood Village, CO cost?
Median Sold Price
$1,568,750
$404/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Greenwood Village was $1,568,750 in February 2024, up 8.9% from last year, and the median price per square foot was $404.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $362.5K | $355K | -2.1% |
2 Bedrooms | $424.9K | $476.5K | +12.1% |
3 Bedrooms | $736.2K | $844.8K | +14.7% |
4 Bedrooms | $1.5M | $1.7M | +13.1% |
5+ Bedrooms | $2.2M | $2.0M | -6.8% |
Summary: Greenwood Village housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes decreased by 6.8%.
Median Sold Price Compared To Nearby Cities
Greenwood Village | $1.4M | $1.5M | +8.9% |
Englewood | $582.1K | $596.4K | +2.5% |
Southwest Arapahoe | $640.4K | $650.4K | +1.6% |
Cherry Hills Village | $3.3M | $3.3M | +1.5% |
Centennial | $649.2K | $645.3K | -0.6% |
Housing Supply in Greenwood Village, CO
How many homes are available in Greenwood Village, CO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
73 | 93 | +27.4% |
Summary: The Greenwood Village real estate market had 93 homes for sale in February 2024, a 27.4% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 14 | 19 | +35.7% |
3 Bedrooms | 13 | 19 | +46.2% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 33 | 37 | +12.1% |
Summary: The Greenwood Village housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 35.7%, 3 bedroom homes increased by 46.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 12.1%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 21 | +200.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Greenwood Village in February 2024, up by 200.0% month-over-month. Of the 21 sold homes, 62% were sold under asking, 0% were sold at asking, and 38% were sold over asking.
Days on Market for Greenwood Village, CO
How long does it take to sell a home in Greenwood Village, CO?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
44 Days | 11 Days | -73.9% |
Summary: Homes in Greenwood Village had an average of 11 days on market in Feb 2024, down by 73.9% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 21 homes were sold in Greenwood Village; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.