Is West Highland, 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, West Highland has remained a Seller's Market.
Housing Prices in West Highland, CO
How much do homes in West Highland, CO cost?
Median Sold Price
$898,500
$517/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in West Highland was $898,500 in March 2024, down 0.2% from last year, and the median price per square foot was $517.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $495K | $492.5K | -0.5% |
2 Bedrooms | $668.4K | $675K | +1.0% |
3 Bedrooms | $877.3K | $890K | +1.4% |
4 Bedrooms | $1.1M | $1.1M | +2.1% |
5+ Bedrooms | $1.5M | $1.4M | -5.0% |
Summary: West Highland housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 5%.
Median Sold Price Compared To Nearby Neighborhoods
Wolff Place | $1.0M | $1.2M | +16.6% |
West Highland | $900K | $898.5K | -0.2% |
Housing Supply in West Highland, CO
How many homes are available in West Highland, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
61 | 70 | +14.8% |
Summary: The West Highland real estate market had 70 homes for sale in March 2024, a 14.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 11 | 14 | +27.3% |
3 Bedrooms | 20 | 23 | +15.0% |
4 Bedrooms | 13 | 19 | +46.2% |
5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The West Highland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 20 | +25.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in West Highland in March 2024, up by 25.0% month-over-month. Of the 20 sold homes, 40% were sold under asking, 15% were sold at asking, and 45% were sold over asking.
Days on Market for West Highland, CO
How long does it take to sell a home in West Highland, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 21 Days | -18.9% |
Summary: Homes in West Highland had an average of 21 days on market in Mar 2024, down by 18.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in West Highland; 85% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.