Is Lone Tree, 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, Lone Tree has remained a Seller's Market.
Key Takeaway
Lone Tree is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lone Tree, CO
How much do homes in Lone Tree, CO cost?
Median Sold Price
$825,000
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Lone Tree have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Lone Tree was $825,000 in March 2024, up 4.4% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $355K | $352K | -0.8% |
| 2 Bedrooms | $585K | $575K | -1.7% |
| 3 Bedrooms | $680K | $700.7K | +3.1% |
| 4 Bedrooms | $797.5K | $800K | 0.3% |
| 5+ Bedrooms | $1.3M | $1.2M | -4.5% |
Summary: Lone Tree housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Cities
| Lone Tree | $790K | $825K | +4.4% |
| Southwest Arapahoe | $639.8K | $653.1K | +2.1% |
| Centennial | $644.5K | $648.2K | +0.6% |
| Littleton | $652.8K | $650K | -0.4% |
| Sedalia | $742.6K | $735.7K | -0.9% |
Housing Supply in Lone Tree, CO
How many homes are available in Lone Tree, CO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 74 | 95 | +28.4% |
Summary: The Lone Tree real estate market had 95 homes for sale in March 2024, a 28.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 4 | 11 | +175.0% |
| 3 Bedrooms | 18 | 28 | +55.6% |
| 4 Bedrooms | 22 | 23 | +4.5% |
| 5+ Bedrooms | 28 | 33 | +17.9% |
Summary: The Lone Tree housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 175%, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 17.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lone Tree, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Lone Tree in March 2024, up by 5.0% month-over-month. Of the 21 sold homes, 62% were sold under asking, 33% were sold at asking, and 5% were sold over asking.
Days on Market for Lone Tree, CO
How long does it take to sell a home in Lone Tree, CO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 51 Days | 74 Days | +44.5% |
Summary: Homes in Lone Tree had an average of 74 days on market in Mar 2024, up by 44.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lone Tree are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 21 homes were sold in Lone Tree; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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