Is Strasburg, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Strasburg is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Strasburg was a Buyer's Market.

Key Takeaway

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

Housing Prices in Strasburg, CO

How much do homes in Strasburg, CO cost?

Median Sold Price

$555,000

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$67,550(+13.9%)

Key Takeaway

Homes in Strasburg have sold for 13.9% more than they did a year ago.

Summary: The median home sold price in Strasburg was $555,000 in September 2024, up 13.9% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$315K
N/A
2 $615K$220.5K
-64.1%
3 $487.4K$473.5K
-2.9%
4 $445K$582.5K
+30.9%
5+ $685K$732.5K
+6.9%

Summary: Strasburg housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 64.1%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 30.9%, and 5+ bedroom homes increased by 6.9%.

Median Sold Price Compared To Nearby Cities

Strasburg
+13.9%
East Arapahoe
0.2%
Byers
-5.8%
East Adams
-7.4%

Housing Supply in Strasburg, CO

How many homes are available in Strasburg, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4739-17.0%

Summary: The Strasburg real estate market had 39 homes for sale in September 2024, a 17.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 21
-50.0%
3 1416
+14.3%
4 2417
-29.2%
5+ 64
-33.3%

Summary: The Strasburg housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
178-52.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Strasburg, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Strasburg in September 2024, down by 52.9% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Strasburg, CO

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

Average Sale Time

Sep 2023Sep 2024CHANGE
14 Days25 Days+80.4%

Summary: Homes in Strasburg had an average of 25 days on market in Sep 2024, up by 80.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 8 homes were sold in Strasburg; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

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