Is Sloan's Lake, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sloan's Lake is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Sloan's Lake has remained a Seller's Market.

Key Takeaway

Sloan's Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sloan's Lake, CO

How much do homes in Sloan's Lake, CO cost?

Median Sold Price

$867,675

$515/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$103,575(-10.7%)

Key Takeaway

Homes in Sloan's Lake have sold for 10.7% less than they did a year ago.

Summary: The median home sold price in Sloan's Lake was $867,675 in April 2024, down 10.7% from last year, and the median price per square foot was $515.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $380K$449K
+18.2%
2 $599K$586K
-2.2%
3 $870K$885K
+1.7%
4 $1.4M$1.1M
-22.7%
5+ $1.4M$1.9M
+28.5%

Summary: Sloan's Lake housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.2%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes increased by 28.5%.

Housing Supply in Sloan's Lake, CO

How many homes are available in Sloan's Lake, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5269+32.7%

Summary: The Sloan's Lake real estate market had 69 homes for sale in April 2024, a 32.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 45
+25.0%
2 1119
+72.7%
3 1618
+12.5%
4 1518
+20.0%
5+ 69
+50.0%

Summary: The Sloan's Lake housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 72.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
819+137.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sloan's Lake, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Sloan's Lake in April 2024, up by 137.5% month-over-month. Of the 19 sold homes, 47% were sold under asking, 21% were sold at asking, and 32% were sold over asking.

Days on Market for Sloan's Lake, CO

How long does it take to sell a home in Sloan's Lake, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
12 Days38 Days+202.0%

Summary: Homes in Sloan's Lake had an average of 38 days on market in Apr 2024, up by 202% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sloan's Lake are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 19 homes were sold in Sloan's Lake; 68% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

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