Is Silverthorne, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Silverthorne was a Seller's Market.
Key Takeaway
Silverthorne is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Silverthorne, CO
How much do homes in Silverthorne, CO cost?
Median Sold Price
$975,000
$669/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Key Takeaway
The sold price of homes in Silverthorne has remained the same since last year.
Summary: The median home sold price in Silverthorne was $975,000 in March 2024, the same as last year, and the median price per square foot was $669.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $533.7K | $511K | -4.3% |
| 2 Bedrooms | $615K | $613.7K | -0.2% |
| 3 Bedrooms | $909K | $1.2M | +32.6% |
| 4 Bedrooms | $1.8M | $1.9M | +7.8% |
| 5+ Bedrooms | $2.0M | $2.4M | +17.2% |
Summary: Silverthorne housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 32.6%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 17.2%.
Median Sold Price Compared To Nearby Cities
| Dillon | $865K | $875K | +1.2% |
| Silverthorne | $975K | $975K | 0.0% |
Housing Supply in Silverthorne, CO
How many homes are available in Silverthorne, CO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 74 | 81 | +9.5% |
Summary: The Silverthorne real estate market had 81 homes for sale in March 2024, a 9.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 23 | 28 | +21.7% |
| 3 Bedrooms | 21 | 19 | -9.5% |
| 4 Bedrooms | 20 | 22 | +10.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Silverthorne housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 21.7%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Silverthorne, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Silverthorne in March 2024, up by 11.1% month-over-month. Of the 10 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Silverthorne, CO
How long does it take to sell a home in Silverthorne, CO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 79 Days | 54 Days | -31.7% |
Summary: Homes in Silverthorne had an average of 54 days on market in Mar 2024, down by 31.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Silverthorne are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in Silverthorne; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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