Is Scenic Heights, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Scenic Heights has remained a Seller's Market.
Housing Prices in Scenic Heights, CO
How much do homes in Scenic Heights, CO cost?
Median Sold Price
$675,222
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Scenic Heights was $675,222 in February 2024, up 0.4% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $432.5K | $311.5K | -28.0% |
3 Bedrooms | $649.9K | $666.5K | +2.6% |
4 Bedrooms | $680K | $665K | -2.2% |
5+ Bedrooms | $749.5K | $715K | -4.6% |
Summary: Scenic Heights housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 4.6%.
Housing Supply in Scenic Heights, CO
How many homes are available in Scenic Heights, CO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
21 | 24 | +14.3% |
Summary: The Scenic Heights real estate market had 24 homes for sale in February 2024, a 14.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 12 | 11 | -8.3% |
4 Bedrooms | 4 | 8 | +100.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Scenic Heights housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Scenic Heights in February 2024, up by 60.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Scenic Heights, CO
How long does it take to sell a home in Scenic Heights, CO?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
125 Days | 36 Days | -70.5% |
Summary: Homes in Scenic Heights had an average of 36 days on market in Feb 2024, down by 70.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 8 homes were sold in Scenic Heights; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.