Is Virginia Village, 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, Virginia Village has remained a Seller's Market.
Key Takeaway
Virginia Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Virginia Village, CO
How much do homes in Virginia Village, CO cost?
Median Sold Price
$656,001
$391/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Virginia Village have sold for 5.6% less than they did a year ago.
Summary: The median home sold price in Virginia Village was $656,001 in March 2024, down 5.6% from last year, and the median price per square foot was $391.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $230K | +2.2% |
| 2 Bedrooms | $525K | $534K | +1.7% |
| 3 Bedrooms | $662.5K | $635K | -4.2% |
| 4 Bedrooms | $750K | $725K | -3.3% |
| 5+ Bedrooms | $745K | $782K | +5.0% |
Summary: Virginia Village housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 5%.
Housing Supply in Virginia Village, CO
How many homes are available in Virginia Village, CO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 87 | 88 | +1.1% |
Summary: The Virginia Village real estate market had 88 homes for sale in March 2024, a 1.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 36 | 38 | +5.6% |
| 4 Bedrooms | 27 | 29 | +7.4% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The Virginia Village housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 23 | -28.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Virginia Village, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Virginia Village in March 2024, down by 28.1% month-over-month. Of the 23 sold homes, 43% were sold under asking, 22% were sold at asking, and 35% were sold over asking.
Days on Market for Virginia Village, CO
How long does it take to sell a home in Virginia Village, CO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 19 Days | 34 Days | +76.9% |
Summary: Homes in Virginia Village had an average of 34 days on market in Mar 2024, up by 76.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Virginia Village are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 23 homes were sold in Virginia Village; 70% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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