Is The Meadows, 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, The Meadows has remained a Seller's Market.
Key Takeaway
The Meadows is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Meadows, CO
How much do homes in The Meadows, CO cost?
Median Sold Price
$639,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in The Meadows has remained the same since last year.
Summary: The median home sold price in The Meadows was $639,000 in March 2024, down 0.2% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $555K | $530.3K | -4.4% |
| 3 Bedrooms | $580K | $580K | 0.0% |
| 4 Bedrooms | $685K | $700K | +2.2% |
| 5+ Bedrooms | $800K | $790K | -1.3% |
Summary: The Meadows 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 decreased by 4.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Neighborhoods
| The Meadows | $640K | $639K | -0.2% |
| Red Hawk | $725K | $705K | -2.8% |
Housing Supply in The Meadows, CO
How many homes are available in The Meadows, CO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 122 | 158 | +29.5% |
Summary: The The Meadows real estate market had 158 homes for sale in March 2024, a 29.5% 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 | 11 | 10 | -9.1% |
| 3 Bedrooms | 49 | 58 | +18.4% |
| 4 Bedrooms | 42 | 69 | +64.3% |
| 5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The The Meadows 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 decreased by 9.1%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 64.3%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 58 | +61.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Meadows, you could pay more than the asking price. 51.7% of homes here sold above asking price last month.
Summary: A total of 58 homes were sold or pending in The Meadows in March 2024, up by 61.1% month-over-month. Of the 58 sold homes, 28% were sold under asking, 21% were sold at asking, and 52% were sold over asking.
Days on Market for The Meadows, CO
How long does it take to sell a home in The Meadows, CO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 20 Days | -43.3% |
Summary: Homes in The Meadows had an average of 20 days on market in Mar 2024, down by 43.3% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in The Meadows are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 58 homes were sold in The Meadows; 81% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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