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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Superior is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Superior, CO

How much do homes in Superior, CO cost?

Median Sold Price

$840,000

$339/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$17,500(+2.1%)

Key Takeaway

Homes in Superior have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Superior was $840,000 in August 2024, up 2.1% from last year, and the median price per square foot was $339.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $325K$352.5K
+8.5%
2 $435K$431.2K
-0.9%
3 $712.7K$749K
+5.1%
4 $850K$915K
+7.6%
5+ $1.0M$1.0M
+3.9%

Summary: Superior housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Cities

Northeast Jefferson
+2.9%
Superior
+2.1%
Lafayette-Louisville
+1.5%
Broomfield
0.3%

Housing Supply in Superior, CO

How many homes are available in Superior, CO?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
7990+13.9%

Summary: The Superior real estate market had 90 homes for sale in August 2024, a 13.9% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 22
0.0%
2 1814
-22.2%
3 1723
+35.3%
4 2531
+24.0%
5+ 1720
+17.6%

Summary: The Superior housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 35.3%, 4 bedroom homes increased by 24%, and 5+ bedroom homes increased by 17.6%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
1117+54.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Superior, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Superior in August 2024, up by 54.5% month-over-month. Of the 17 sold homes, 65% were sold under asking, 24% were sold at asking, and 12% were sold over asking.

Days on Market for Superior, CO

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

Average Sale Time

Aug 2023Aug 2024CHANGE
51 Days86 Days+67.9%

Summary: Homes in Superior had an average of 86 days on market in Aug 2024, up by 67.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 17 homes were sold in Superior; 47% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 12% 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

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