Is Conifer, 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, Conifer has remained a Seller's Market.
Key Takeaway
Conifer is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Conifer, CO
How much do homes in Conifer, CO cost?
Median Sold Price
$823,387
$373/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Conifer have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Conifer was $823,387 in April 2024, down 1.7% from last year, and the median price per square foot was $373.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $435K | $439.9K | +1.1% |
| 2 Bedrooms | $620.5K | $680K | +9.6% |
| 3 Bedrooms | $777.7K | $800K | +2.9% |
| 4 Bedrooms | $923.7K | $1.0M | +13.7% |
| 5+ Bedrooms | $1.1M | $1.1M | -6.3% |
Summary: Conifer housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 6.3%.
Median Sold Price Compared To Nearby Cities
| Pine | $613.5K | $750K | +22.2% |
| South Jefferson | $923.7K | $964.6K | +4.4% |
| Littleton | $671.9K | $669.6K | -0.3% |
| Conifer | $837.5K | $823.3K | -1.7% |
Housing Supply in Conifer, CO
How many homes are available in Conifer, CO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 48 | +37.1% |
Summary: The Conifer real estate market had 48 homes for sale in April 2024, a 37.1% 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 14 | 24 | +71.4% |
| 4 Bedrooms | 11 | 16 | +45.5% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Conifer 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 decreased by 16.7%, 3 bedroom homes increased by 71.4%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 12 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Conifer, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Conifer in April 2024, up by 100.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% were sold over asking.
Days on Market for Conifer, CO
How long does it take to sell a home in Conifer, CO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 34 Days | +192.9% |
Summary: Homes in Conifer had an average of 34 days on market in Apr 2024, up by 192.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Conifer are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Conifer; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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