Is Englewood, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Englewood is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Englewood, CO

How much do homes in Englewood, CO cost?

Median Sold Price

$640,000

$376/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$16,250(+2.6%)

Key Takeaway

Homes in Englewood have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Englewood was $640,000 in April 2024, up 2.6% from last year, and the median price per square foot was $376.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $315K$300K
-4.8%
2 $451K$462K
+2.4%
3 $556K$568K
+2.2%
4 $747.7K$910K
+21.7%
5+ $1.3M$1.7M
+27.3%

Summary: Englewood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 27.3%.

Median Sold Price Compared To Nearby Cities

Southwest Arapahoe
+5.3%
Englewood
+2.6%
Littleton
+2.5%
Cherry Hills Village
+0.8%

Housing Supply in Englewood, CO

How many homes are available in Englewood, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
170248+45.9%

Summary: The Englewood real estate market had 248 homes for sale in April 2024, a 45.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 612
+100.0%
2 3658
+61.1%
3 5169
+35.3%
4 3149
+58.1%
5+ 4660
+30.4%

Summary: The Englewood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 61.1%, 3 bedroom homes increased by 35.3%, 4 bedroom homes increased by 58.1%, and 5+ bedroom homes increased by 30.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3968+74.4%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Englewood, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 68 homes were sold or pending in Englewood in April 2024, up by 74.4% month-over-month. Of the 68 sold homes, 41% were sold under asking, 24% were sold at asking, and 35% were sold over asking.

Days on Market for Englewood, CO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
24 Days19 Days-21.7%

Summary: Homes in Englewood had an average of 19 days on market in Apr 2024, down by 21.7% compared to last year.

Breakdown of Home Sale Times

52 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 68 homes were sold in Englewood; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% 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

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