Is Westridge, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Westridge has remained a Seller's Market.
Housing Prices in Westridge, CO
How much do homes in Westridge, CO cost?
Median Sold Price
$674,571
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Westridge was $674,571 in February 2024, down 2.1% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $329K | $325K | -1.2% |
2 Bedrooms | $510.8K | $499.9K | -2.1% |
3 Bedrooms | $635K | $625K | -1.6% |
4 Bedrooms | $730K | $710K | -2.7% |
5+ Bedrooms | $1.1M | $1.0M | -7.6% |
Summary: Westridge housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Neighborhoods
Southridge Vista | $602K | $664K | +10.3% |
Westridge | $688.7K | $674.5K | -2.1% |
Housing Supply in Westridge, CO
How many homes are available in Westridge, CO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
95 | 137 | +44.2% |
Summary: The Westridge real estate market had 137 homes for sale in February 2024, a 44.2% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 19 | +5.6% |
3 Bedrooms | 21 | 30 | +42.9% |
4 Bedrooms | 33 | 46 | +39.4% |
5+ Bedrooms | 23 | 42 | +82.6% |
Summary: The Westridge housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 39.4%, and 5+ bedroom homes increased by 82.6%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
30 | 37 | +23.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Westridge in February 2024, up by 23.3% month-over-month. Of the 37 sold homes, 22% were sold under asking, 46% were sold at asking, and 32% were sold over asking.
Days on Market for Westridge, CO
How long does it take to sell a home in Westridge, CO?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
40 Days | 34 Days | -13.9% |
Summary: Homes in Westridge had an average of 34 days on market in Feb 2024, down by 13.9% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 37 homes were sold in Westridge; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.