Is Lochbuie, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lochbuie is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Lochbuie, CO

How much do homes in Lochbuie, CO cost?

Median Sold Price

$485,950

$253/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,950(+2.3%)

Key Takeaway

Homes in Lochbuie have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Lochbuie was $485,950 in April 2024, up 2.3% from last year, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $390K$380K
-2.6%
3 $461.9K$460K
-0.4%
4 $494.5K$517.4K
+4.6%
5+ $525K-
N/A

Summary: Lochbuie 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 decreased by 2.6%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lochbuie
+2.3%
Keenesburg-Hudson
-2.1%
Hudson
-10.3%

Housing Supply in Lochbuie, CO

How many homes are available in Lochbuie, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4764+36.2%

Summary: The Lochbuie real estate market had 64 homes for sale in April 2024, a 36.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1728
+64.7%
4 2833
+17.9%
5+ 12
+100.0%

Summary: The Lochbuie 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 remained the same, 3 bedroom homes increased by 64.7%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1219+58.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lochbuie, expect to pay close to the asking price. 78.9% of homes here sold near the asking price last month.

Summary: A total of 19 homes were sold or pending in Lochbuie in April 2024, up by 58.3% month-over-month. Of the 19 sold homes, 11% were sold under asking, 79% were sold at asking, and 11% were sold over asking.

Days on Market for Lochbuie, CO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
37 Days56 Days+49.7%

Summary: Homes in Lochbuie had an average of 56 days on market in Apr 2024, up by 49.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 19 homes were sold in Lochbuie; 42% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 21% 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 10 Days Ago

Newest Listings in Lochbuie, CO

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