Is Adams County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Adams County has remained a Seller's Market.
Housing Prices in Adams County, CO
How much do homes in Adams County, CO cost?
Median Sold Price
$513,461
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Adams County was $513,461 in April 2024, up 0.7% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $220K | -6.4% |
2 Bedrooms | $375K | $391.4K | +4.4% |
3 Bedrooms | $495K | $491.1K | -0.8% |
4 Bedrooms | $570K | $550.6K | -3.4% |
5+ Bedrooms | $634K | $630K | -0.6% |
Summary: Adams County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes increased by 4.4%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 0.6%.
Median Sold Price Compared To Nearby Counties
Jefferson County | $638.2K | $655.1K | +2.6% |
Adams County | $509.9K | $513.4K | +0.7% |
Broomfield County | $629.5K | $630K | 0.1% |
Arapahoe County | $548.6K | $545.7K | -0.5% |
Denver County | $695.6K | $668.8K | -3.9% |
Housing Supply in Adams County, CO
How many homes are available in Adams County, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,363 | 2,010 | +47.5% |
Summary: The Adams County real estate market had 2,010 homes for sale in April 2024, a 47.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 28 | +86.7% |
2 Bedrooms | 187 | 277 | +48.1% |
3 Bedrooms | 571 | 818 | +43.3% |
4 Bedrooms | 416 | 601 | +44.5% |
5+ Bedrooms | 174 | 286 | +64.4% |
Summary: The Adams County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 86.7%, 2 bedroom homes increased by 48.1%, 3 bedroom homes increased by 43.3%, 4 bedroom homes increased by 44.5%, and 5+ bedroom homes increased by 64.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
163 | 524 | +221.5% |
Asking Price vs. Sold Price
169 Homes Were Sold
Under Asking
179 Homes Were Sold
At Asking
176 Homes Were Sold
Over Asking
Summary: A total of 524 homes were sold or pending in Adams County in April 2024, up by 221.5% month-over-month. Of the 524 sold homes, 32% were sold under asking, 34% were sold at asking, and 34% were sold over asking.
Days on Market for Adams County, CO
How long does it take to sell a home in Adams County, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 33 Days | +58.0% |
Summary: Homes in Adams County had an average of 33 days on market in Apr 2024, up by 58% compared to last year.
Breakdown of Home Sale Times
368 Homes Were Sold
Under 30 Days
100 Homes Were Sold
In 30 - 90 Days
56 Homes Were Sold
Over 90 Days
Summary: During April 2024, 524 homes were sold in Adams County; 70% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.