Is Greenwood Village, 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, Greenwood Village has remained a Seller's Market.
Housing Prices in Greenwood Village, CO
How much do homes in Greenwood Village, CO cost?
Median Sold Price
$1,650,000
$398/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Greenwood Village was $1,650,000 in April 2024, up 15.4% from last year, and the median price per square foot was $398.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $340K | $373.9K | +10.0% |
2 Bedrooms | $455.7K | $445K | -2.4% |
3 Bedrooms | $730K | $1.2M | +65.0% |
4 Bedrooms | $1.4M | $1.9M | +30.2% |
5+ Bedrooms | $2.2M | $2.0M | -11.0% |
Summary: Greenwood Village housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 65%, 4 bedroom homes increased by 30.2%, and 5+ bedroom homes decreased by 11%.
Median Sold Price Compared To Nearby Cities
Greenwood Village | $1.4M | $1.6M | +15.4% |
Southwest Arapahoe | $662K | $697.4K | +5.3% |
Englewood | $623.7K | $640K | +2.6% |
Centennial | $667.2K | $675K | +1.2% |
Cherry Hills Village | $3.3M | $3.3M | +0.8% |
Housing Supply in Greenwood Village, CO
How many homes are available in Greenwood Village, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 56 | +27.3% |
Summary: The Greenwood Village real estate market had 56 homes for sale in April 2024, a 27.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 9 | 13 | +44.4% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 15 | 22 | +46.7% |
Summary: The Greenwood Village housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 46.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 15 | +114.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Greenwood Village in April 2024, up by 114.3% month-over-month. Of the 15 sold homes, 53% were sold under asking, 7% were sold at asking, and 40% were sold over asking.
Days on Market for Greenwood Village, CO
How long does it take to sell a home in Greenwood Village, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 27 Days | -48.8% |
Summary: Homes in Greenwood Village had an average of 27 days on market in Apr 2024, down by 48.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Greenwood Village; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.