Is Lamar Heights, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lamar Heights has remained a Seller's Market.
Housing Prices in Lamar Heights, CO
How much do homes in Lamar Heights, CO cost?
Median Sold Price
$582,500
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lamar Heights was $582,500 in April 2024, up 0.4% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $499K | $538K | +7.8% |
3 Bedrooms | $552.5K | $527.5K | -4.5% |
4 Bedrooms | $587K | $587.5K | 0.1% |
5+ Bedrooms | $606.4K | $625K | +3.1% |
Summary: Lamar Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.8%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in Lamar Heights, CO
How many homes are available in Lamar Heights, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 36 | +63.6% |
Summary: The Lamar Heights real estate market had 36 homes for sale in April 2024, a 63.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 8 | 18 | +125.0% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Lamar Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 125%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 13 | +225.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Lamar Heights in April 2024, up by 225.0% month-over-month. Of the 13 sold homes, 31% were sold under asking, 23% were sold at asking, and 46% were sold over asking.
Days on Market for Lamar Heights, CO
How long does it take to sell a home in Lamar Heights, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 25 Days | +20.4% |
Summary: Homes in Lamar Heights had an average of 25 days on market in Apr 2024, up by 20.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Lamar Heights; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.