Is Bennett, 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, Bennett has remained a Seller's Market.
Housing Prices in Bennett, CO
How much do homes in Bennett, CO cost?
Median Sold Price
$565,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bennett was $565,000 in April 2024, up 16.5% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $239K | $630K | +163.6% |
3 Bedrooms | $439K | $459.2K | +4.6% |
4 Bedrooms | $575K | $590K | +2.6% |
5+ Bedrooms | $800K | $765K | -4.4% |
Summary: Bennett housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 163.6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 4.4%.
Median Sold Price Compared To Nearby Cities
Bennett | $485K | $565K | +16.5% |
East Adams | $471K | $509.5K | +8.2% |
East Arapahoe | $630K | $611.6K | -2.9% |
Housing Supply in Bennett, CO
How many homes are available in Bennett, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 43 | +43.3% |
Summary: The Bennett real estate market had 43 homes for sale in April 2024, a 43.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 16 | 28 | +75.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Bennett housing inventory by bedroom type for April 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 75%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Bennett in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Bennett, CO
How long does it take to sell a home in Bennett, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 57 Days | +391.5% |
Summary: Homes in Bennett had an average of 57 days on market in Apr 2024, up by 391.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Bennett; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.