Is Washington County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Washington County was a Seller's Market.
Housing Prices in Washington County, CO
How much do homes in Washington County, CO cost?
Median Sold Price
$235,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Washington County was $235,000 in March 2024, up 9.4% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $110K | -4.3% |
2 Bedrooms | $160K | $166.5K | +4.1% |
3 Bedrooms | $212.2K | $241.9K | +14.0% |
4 Bedrooms | $273.2K | $201.6K | -26.2% |
5+ Bedrooms | $242.9K | $285K | +17.3% |
Summary: Washington County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 26.2%, and 5+ bedroom homes increased by 17.3%.
Median Sold Price Compared To Nearby Counties
Washington County | $214.7K | $235K | +9.4% |
Logan County | $225K | $244K | +8.4% |
Morgan County | $331.8K | $341K | +2.8% |
Kit Carson County | $215K | $185K | -14.0% |
Housing Supply in Washington County, CO
How many homes are available in Washington County, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 26 | +13.0% |
Summary: The Washington County real estate market had 26 homes for sale in March 2024, a 13.0% 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 | 2 | 5 | +150.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Washington County 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 increased by 150%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Washington County in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Washington County, CO
How long does it take to sell a home in Washington County, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
75 Days | 90 Days | +19.8% |
Summary: Homes in Washington County had an average of 90 days on market in Mar 2024, up by 19.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Washington County; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.