Is Frederick, 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, Frederick has remained a Seller's Market.
Housing Prices in Frederick, CO
How much do homes in Frederick, CO cost?
Median Sold Price
$540,000
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Frederick was $540,000 in April 2024, down 4.4% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $290K | - | N/A |
2 Bedrooms | $365K | $422K | +15.6% |
3 Bedrooms | $505K | $508K | +0.6% |
4 Bedrooms | $604.9K | $610K | +0.8% |
5+ Bedrooms | $652K | $700K | +7.4% |
Summary: Frederick 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 15.6%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
Dacono | $448.7K | $473K | +5.4% |
Firestone | $560K | $580K | +3.6% |
Erie | $735K | $735K | 0.0% |
Erie-Frederick | $600K | $597.5K | -0.4% |
Frederick | $565K | $540K | -4.4% |
Housing Supply in Frederick, CO
How many homes are available in Frederick, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 103 | +27.2% |
Summary: The Frederick real estate market had 103 homes for sale in April 2024, a 27.2% 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 | 3 | 4 | +33.3% |
3 Bedrooms | 41 | 45 | +9.8% |
4 Bedrooms | 15 | 26 | +73.3% |
5+ Bedrooms | 22 | 28 | +27.3% |
Summary: The Frederick 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 33.3%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 73.3%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 25 | +78.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Frederick in April 2024, up by 78.6% month-over-month. Of the 25 sold homes, 36% were sold under asking, 40% were sold at asking, and 24% were sold over asking.
Days on Market for Frederick, CO
How long does it take to sell a home in Frederick, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 37 Days | -35.4% |
Summary: Homes in Frederick had an average of 37 days on market in Apr 2024, down by 35.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Frederick; 60% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.