Is Niwot, 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, Niwot has remained a Seller's Market.
Housing Prices in Niwot, CO
How much do homes in Niwot, CO cost?
Median Sold Price
$1,360,000
$378/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Niwot was $1,360,000 in April 2024, up 30.4% from last year, and the median price per square foot was $378.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $282K | - | N/A |
2 Bedrooms | $355K | $401K | +13.0% |
3 Bedrooms | $792.5K | $1.0M | +31.9% |
4 Bedrooms | $1.0M | $1.0M | -2.9% |
5+ Bedrooms | $2.3M | $1.8M | -21.3% |
Summary: Niwot 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 13%, 3 bedroom homes increased by 31.9%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 21.3%.
Housing Supply in Niwot, CO
How many homes are available in Niwot, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 27 | +35.0% |
Summary: The Niwot real estate market had 27 homes for sale in April 2024, a 35.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 11 | 15 | +36.4% |
Summary: The Niwot housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Niwot in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Niwot, CO
How long does it take to sell a home in Niwot, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
76 Days | 30 Days | -59.6% |
Summary: Homes in Niwot had an average of 30 days on market in Apr 2024, down by 59.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Niwot; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.