Is Timnath, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Timnath has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $447K | $480K | +7.4% |
3 Bedrooms | $590K | $573.5K | -2.8% |
4 Bedrooms | $725K | $746.6K | +3.0% |
5+ Bedrooms | $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 | $556.9K | $612.2K | +9.9% |
Windsor | $565K | $608.4K | +7.7% |
Fort Collins | $550K | $562K | +2.2% |
Timnath | $685K | $684.2K | -0.1% |
Housing Supply in Timnath, CO
How many homes are available in Timnath, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
96 | 115 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 8 | +166.7% |
3 Bedrooms | 42 | 53 | +26.2% |
4 Bedrooms | 32 | 33 | +3.1% |
5+ Bedrooms | 19 | 21 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 28 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
98 Days | 44 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
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.