Is Lowry Field, 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, Lowry Field has remained a Seller's Market.
Key Takeaway
Lowry Field is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lowry Field, CO
How much do homes in Lowry Field, CO cost?
Median Sold Price
$865,080
$373/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Lowry Field have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in Lowry Field was $865,080 in April 2024, down 4.9% from last year, and the median price per square foot was $373.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365.5K | $532K | +45.6% |
| 2 Bedrooms | $580K | $530K | -8.6% |
| 3 Bedrooms | $770K | $868.4K | +12.8% |
| 4 Bedrooms | $994K | $1.1M | +17.3% |
| 5+ Bedrooms | $1.2M | $1.3M | +11.7% |
Summary: Lowry Field housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.6%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 11.7%.
Housing Supply in Lowry Field, CO
How many homes are available in Lowry Field, CO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 45 | +40.6% |
Summary: The Lowry Field real estate market had 45 homes for sale in April 2024, a 40.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 8 | 11 | +37.5% |
| 3 Bedrooms | 9 | 14 | +55.6% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Lowry Field housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 14 | +250.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lowry Field, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Lowry Field in April 2024, up by 250.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 21% were sold at asking, and 36% were sold over asking.
Days on Market for Lowry Field, CO
How long does it take to sell a home in Lowry Field, CO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 12 Days | -75.4% |
Summary: Homes in Lowry Field had an average of 12 days on market in Apr 2024, down by 75.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lowry Field are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Lowry Field; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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