Is Livermore, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Livermore has remained a Seller's Market.
Key Takeaway
Livermore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Livermore, CO
How much do homes in Livermore, CO cost?
Median Sold Price
$525,000
$326/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Livermore have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Livermore was $525,000 in March 2024, up 4.5% from last year, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $321K | $350K | +9.0% |
| 2 Bedrooms | $477K | $395K | -17.2% |
| 3 Bedrooms | $515K | $610K | +18.4% |
| 4 Bedrooms | $704K | $845K | +20.0% |
| 5+ Bedrooms | $902K | $975K | +8.1% |
Summary: Livermore housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Cities
| Livermore | $502.5K | $525K | +4.5% |
| Timnath-Wellington | $575.5K | $583.3K | +1.4% |
| Red Feather Lakes | $417.4K | $400K | -4.2% |
| Drake | $495K | $460K | -7.1% |
Housing Supply in Livermore, CO
How many homes are available in Livermore, CO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 48 | 59 | +22.9% |
Summary: The Livermore real estate market had 59 homes for sale in March 2024, a 22.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 6 | 14 | +133.3% |
| 3 Bedrooms | 29 | 30 | +3.4% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Livermore housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 133.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Livermore, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Livermore in March 2024, up by 57.1% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.
Days on Market for Livermore, CO
How long does it take to sell a home in Livermore, CO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 91 Days | 166 Days | +83.2% |
Summary: Homes in Livermore had an average of 166 days on market in Mar 2024, up by 83.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Livermore are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 11 homes were sold in Livermore; 9% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 82% of homes were sold over 90 days.
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