Is West Louisville, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Louisville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, West Louisville has remained a Seller's Market.

Key Takeaway

West Louisville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in West Louisville, CO

How much do homes in West Louisville, CO cost?

Median Sold Price

$1,561,500

$428/sqft

Based on all homes sold in June 2024.

Difference Since Last Month

+$216,500(+16.1%)

Key Takeaway

Homes in West Louisville have sold for 16.1% more than they did a month ago.

Summary: The median home sold price in West Louisville was $1,561,500 in June 2024, up 16.1% from last month, and the median price per square foot was $428.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $1.3M-
N/A
5+ $1.5M$1.5M
+2.4%

Summary: West Louisville housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Neighborhoods

West Louisville
+16.1%
Centennial
+2.4%

Housing Supply in West Louisville, CO

How many homes are available in West Louisville, CO?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1112+9.1%

Summary: The West Louisville real estate market had 12 homes for sale in June 2024, a 9.1% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 00
0.0%
3 01
+100.0%
4 33
0.0%
5+ 88
0.0%

Summary: The West Louisville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Louisville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in West Louisville in June 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for West Louisville, CO

How long does it take to sell a home in West Louisville, CO?

Average Sale Time

May 2024Jun 2024CHANGE
12 Days36 Days+202.8%

Summary: Homes in West Louisville had an average of 36 days on market in Jun 2024, up by 202.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in West Louisville has remained consistent over time.

Summary: During June 2024, 3 homes were sold in West Louisville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in West Louisville, CO

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