Is East Adams, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Adams is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, East Adams has remained a Seller's Market.

Key Takeaway

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

Housing Prices in East Adams, CO

How much do homes in East Adams, CO cost?

Median Sold Price

$509,500

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$38,500(+8.2%)

Key Takeaway

Homes in East Adams have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in East Adams was $509,500 in April 2024, up 8.2% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $378K$630K
+66.7%
3 $466K$466K
0.0%
4 $455K$500K
+9.9%
5+ $855K$770K
-9.9%

Summary: East Adams 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 66.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 9.9%.

Median Sold Price Compared To Nearby Cities

Bennett
+16.5%
East Adams
+8.2%
East Arapahoe
-2.9%

Housing Supply in East Adams, CO

How many homes are available in East Adams, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5375+41.5%

Summary: The East Adams real estate market had 75 homes for sale in April 2024, a 41.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2745
+66.7%
4 2125
+19.0%
5+ 44
0.0%

Summary: The East Adams 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 66.7%, 4 bedroom homes increased by 19%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
716+128.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Adams, you could pay more than the asking price. 37.5% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in East Adams in April 2024, up by 128.6% month-over-month. Of the 16 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% were sold over asking.

Days on Market for East Adams, CO

How long does it take to sell a home in East Adams, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
70 Days92 Days+31.1%

Summary: Homes in East Adams had an average of 92 days on market in Apr 2024, up by 31.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Adams are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 16 homes were sold in East Adams; 50% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 31% 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 16 Days Ago

Newest Listings in East Adams, CO

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