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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Timnath is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Timnath, CO

How much do homes in Timnath, CO cost?

Median Sold Price

$684,286

$277/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$713(-0.1%)

Key Takeaway

The sold price of homes in Timnath has remained the same since last year.

Summary: The median home sold price in Timnath was $684,286 in April 2024, down 0.1% from last year, and the median price per square foot was $277.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $447K$480K
+7.4%
3 $590K$573.5K
-2.8%
4 $725K$746.6K
+3.0%
5+ $804.9K$807K
0.2%

Summary: Timnath housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.4%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 0.2%.

Median Sold Price Compared To Nearby Cities

Timnath-Wellington
+9.9%
Windsor
+7.7%
Fort Collins
+2.2%
Timnath
-0.1%

Housing Supply in Timnath, CO

How many homes are available in Timnath, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
96115+19.8%

Summary: The Timnath real estate market had 115 homes for sale in April 2024, a 19.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 38
+166.7%
3 4253
+26.2%
4 3233
+3.1%
5+ 1921
+10.5%

Summary: The Timnath 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 166.7%, 3 bedroom homes increased by 26.2%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 10.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1828+55.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Timnath, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Timnath in April 2024, up by 55.6% month-over-month. Of the 28 sold homes, 43% were sold under asking, 39% were sold at asking, and 18% were sold over asking.

Days on Market for Timnath, CO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
98 Days44 Days-54.8%

Summary: Homes in Timnath had an average of 44 days on market in Apr 2024, down by 54.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Timnath has remained consistent over time.

Summary: During April 2024, 28 homes were sold in Timnath; 43% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 11% 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

Newest Listings in Timnath, CO

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