Is Spring Valley, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Spring Valley has remained a Seller's Market.
Housing Prices in Spring Valley, CO
How much do homes in Spring Valley, CO cost?
Median Sold Price
$710,000
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Spring Valley was $710,000 in April 2024, up 1.1% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $317.5K | $333.5K | +5.0% |
2 Bedrooms | $419K | $432.2K | +3.2% |
3 Bedrooms | $640K | $627.5K | -2.0% |
4 Bedrooms | $725K | $775K | +6.9% |
5+ Bedrooms | $807K | $785K | -2.7% |
Summary: Spring Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Neighborhoods
Spring Valley | $702K | $710K | +1.1% |
New North Longmont | $625K | $620K | -0.8% |
Housing Supply in Spring Valley, CO
How many homes are available in Spring Valley, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 32 | +23.1% |
Summary: The Spring Valley real estate market had 32 homes for sale in April 2024, a 23.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Spring Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 9 | +800.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Spring Valley in April 2024, up by 800.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Spring Valley, CO
How long does it take to sell a home in Spring Valley, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 23 Days | -49.4% |
Summary: Homes in Spring Valley had an average of 23 days on market in Apr 2024, down by 49.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Spring Valley; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.