Is South Alameda, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, South Alameda has remained a Seller's Market.
Housing Prices in South Alameda, CO
How much do homes in South Alameda, CO cost?
Median Sold Price
$563,000
$313/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in South Alameda was $563,000 in April 2024, down 8.1% from last month, and the median price per square foot was $313.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $225K | N/A |
2 Bedrooms | $520K | $442.5K | -14.9% |
3 Bedrooms | $590K | $592.5K | 0.4% |
4 Bedrooms | $765K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: South Alameda housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.9%, 3 bedroom homes increased by 0.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in South Alameda, CO
How many homes are available in South Alameda, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 24 | +41.2% |
Summary: The South Alameda real estate market had 24 homes for sale in April 2024, a 41.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Alameda housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in South Alameda in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for South Alameda, CO
How long does it take to sell a home in South Alameda, CO?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 Days | 21 Days | +870.4% |
Summary: Homes in South Alameda had an average of 21 days on market in Apr 2024, up by 870.4% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in South Alameda; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.