Is Washington Park, 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, Washington Park has remained a Seller's Market.
Housing Prices in Washington Park, CO
How much do homes in Washington Park, CO cost?
Median Sold Price
$1,712,500
$570/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Washington Park was $1,712,500 in March 2024, up 21.9% from last year, and the median price per square foot was $570.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $358.7K | $382.5K | +6.6% |
2 Bedrooms | $643.2K | $617.5K | -4.0% |
3 Bedrooms | $1.2M | $1.2M | -1.7% |
4 Bedrooms | $1.6M | $1.9M | +22.6% |
5+ Bedrooms | $2.7M | $2.6M | -1.9% |
Summary: Washington Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Neighborhoods
Washington Park | $1.4M | $1.7M | +21.9% |
Broadway Heights | $1.7M | $2.0M | +18.7% |
Housing Supply in Washington Park, CO
How many homes are available in Washington Park, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
102 | 109 | +6.9% |
Summary: The Washington Park real estate market had 109 homes for sale in March 2024, a 6.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 18 | +50.0% |
2 Bedrooms | 14 | 14 | 0.0% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 31 | 34 | +9.7% |
5+ Bedrooms | 31 | 30 | -3.2% |
Summary: The Washington Park 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 remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 3.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 21 | -8.7% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Washington Park in March 2024, down by 8.7% month-over-month. Of the 21 sold homes, 81% were sold under asking, 19% were sold at asking, and 0% were sold over asking.
Days on Market for Washington Park, CO
How long does it take to sell a home in Washington Park, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 56 Days | +71.5% |
Summary: Homes in Washington Park had an average of 56 days on market in Mar 2024, up by 71.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in Washington Park; 57% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.