Is East Arapahoe, 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, East Arapahoe has remained a Seller's Market.
Housing Prices in East Arapahoe, CO
How much do homes in East Arapahoe, CO cost?
Median Sold Price
$611,666
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Arapahoe was $611,666 in April 2024, down 2.9% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $445K | $407K | -8.5% |
3 Bedrooms | $565.5K | $535K | -5.4% |
4 Bedrooms | $660K | $670K | +1.5% |
5+ Bedrooms | $789.9K | $808.5K | +2.3% |
Summary: East Arapahoe 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 decreased by 8.5%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 2.3%.
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 East Arapahoe, CO
How many homes are available in East Arapahoe, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
283 | 385 | +36.0% |
Summary: The East Arapahoe real estate market had 385 homes for sale in April 2024, a 36.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 25 | 34 | +36.0% |
3 Bedrooms | 108 | 147 | +36.1% |
4 Bedrooms | 94 | 123 | +30.9% |
5+ Bedrooms | 55 | 80 | +45.5% |
Summary: The East Arapahoe 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 increased by 36%, 3 bedroom homes increased by 36.1%, 4 bedroom homes increased by 30.9%, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 92 | +283.3% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 92 homes were sold or pending in East Arapahoe in April 2024, up by 283.3% month-over-month. Of the 92 sold homes, 46% were sold under asking, 30% were sold at asking, and 24% were sold over asking.
Days on Market for East Arapahoe, CO
How long does it take to sell a home in East Arapahoe, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 53 Days | +65.1% |
Summary: Homes in East Arapahoe had an average of 53 days on market in Apr 2024, up by 65.1% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During April 2024, 92 homes were sold in East Arapahoe; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.