Is Strasburg, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Strasburg has remained a Seller'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
$535,000
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Strasburg have sold for 7% more than they did a year ago.
Summary: The median home sold price in Strasburg was $535,000 in March 2024, up 7% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $300K | N/A |
| 2 Bedrooms | $380K | $615K | +61.8% |
| 3 Bedrooms | $473K | $506K | +7.0% |
| 4 Bedrooms | $510K | $490K | -3.9% |
| 5+ Bedrooms | $540K | $770K | +42.6% |
Summary: Strasburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 61.8%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 42.6%.
Median Sold Price Compared To Nearby Cities
| Strasburg | $499.9K | $535K | +7.0% |
| Byers | $560K | $550K | -1.8% |
| East Adams | $486.5K | $475K | -2.4% |
| East Arapahoe | $625K | $599K | -4.2% |
Housing Supply in Strasburg, CO
How many homes are available in Strasburg, CO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 50 | +2.0% |
Summary: The Strasburg real estate market had 50 homes for sale in March 2024, a 2.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 22 | 25 | +13.6% |
| 5+ Bedrooms | 7 | 2 | -71.4% |
Summary: The Strasburg housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 71.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Strasburg, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Strasburg in March 2024, down by 20.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 13 Days | 83 Days | +501.2% |
Summary: Homes in Strasburg had an average of 83 days on market in Mar 2024, up by 501.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Strasburg are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in Strasburg; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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