Is Southwest Arapahoe, CO a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Southwest Arapahoe is a seller's market


Difference Since November 2022

Since last year, Southwest Arapahoe has remained a Seller's Market.

Key Takeaway

Southwest Arapahoe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Southwest Arapahoe, CO

How much do homes in Southwest Arapahoe, CO cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Southwest Arapahoe have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Southwest Arapahoe was $649,394 in November 2023, up 1.5% from last year, and the median price per square foot was $326.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $280K$310K
2 $440K$430K
3 $581.6K$578.6K
4 $734.8K$739.3K
5+ $1.0M$1.0M

Summary: Southwest Arapahoe housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 9.9%.

Median Sold Price Compared To Nearby Cities

Greenwood Village
Cherry Hills Village
Southwest Arapahoe

Housing Supply in Southwest Arapahoe, CO

How many homes are available in Southwest Arapahoe, CO?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Southwest Arapahoe real estate market had 883 homes for sale in November 2023, a 5.7% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 3324
2 145149
3 232231
4 295276
5+ 231203

Summary: The Southwest Arapahoe housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 27.3%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 12.1%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

100 Homes Were Sold
Under Asking

48 Homes Were Sold
At Asking

50 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southwest Arapahoe, you may be able to get a good deal. 50.5% of homes here sold below asking price last month.

Summary: A total of 198 homes were sold or pending in Southwest Arapahoe in November 2023, down by 21.1% month-over-month. Of the 198 sold homes, 51% were sold under asking, 24% were sold at asking, and 25% were sold over asking.

Days on Market for Southwest Arapahoe, CO

How long does it take to sell a home in Southwest Arapahoe, CO?

Average Sale Time

Nov 2022Nov 2023CHANGE
27 Days30 Days+13.6%

Summary: Homes in Southwest Arapahoe had an average of 30 days on market in Nov 2023, up by 13.6% compared to last year.

Breakdown of Home Sale Times

119 Homes Were Sold
Under 30 Days

67 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Southwest Arapahoe are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 198 homes were sold in Southwest Arapahoe; 60% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 6% 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 9 Days Ago

Newest Listings in Southwest Arapahoe, CO

Nearby Markets to Southwest Arapahoe, CO

What housing markets are near Southwest Arapahoe, CO?