Is Heather Gardens, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Heather Gardens is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Heather Gardens, CO

How much do homes in Heather Gardens, CO cost?

Median Sold Price

$317,500

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$12,500(-3.8%)

Key Takeaway

Homes in Heather Gardens have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Heather Gardens was $317,500 in April 2024, down 3.8% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $220.2K$215K
-2.4%
2 $310.5K$306K
-1.4%
3 $480K$490K
+2.1%
4 $515.5K$517.5K
0.4%
5+ $599K$540.5K
-9.8%

Summary: Heather Gardens housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 9.8%.

Housing Supply in Heather Gardens, CO

How many homes are available in Heather Gardens, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6279+27.4%

Summary: The Heather Gardens real estate market had 79 homes for sale in April 2024, a 27.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 37
+133.3%
2 4149
+19.5%
3 99
0.0%
4 710
+42.9%
5+ 24
+100.0%

Summary: The Heather Gardens housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 133.3%, 2 bedroom homes increased by 19.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
320+566.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Heather Gardens, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Heather Gardens in April 2024, up by 566.7% month-over-month. Of the 20 sold homes, 55% were sold under asking, 25% were sold at asking, and 20% were sold over asking.

Days on Market for Heather Gardens, CO

How long does it take to sell a home in Heather Gardens, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
19 Days49 Days+160.3%

Summary: Homes in Heather Gardens had an average of 49 days on market in Apr 2024, up by 160.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 20 homes were sold in Heather Gardens; 55% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 20% 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 4 Days Ago

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