Is Washington County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Washington County was a Seller's Market.
Housing Prices in Washington County, CO
How much do homes in Washington County, CO cost?
Median Sold Price
$173,050
$119/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Washington County was $173,050 in May 2024, down 32.4% from last month, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $166.1K | N/A |
3 Bedrooms | $197.5K | $385K | +94.9% |
4 Bedrooms | $272K | - | N/A |
5+ Bedrooms | $275K | - | N/A |
Summary: Washington County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 94.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Yuma County | $228.2K | $320K | +40.2% |
Washington County | $255.9K | $173K | -32.4% |
Housing Supply in Washington County, CO
How many homes are available in Washington County, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 25 | -10.7% |
Summary: The Washington County real estate market had 25 homes for sale in May 2024, a 10.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 8 | 5 | -37.5% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Washington County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Washington County in May 2024, down by 50.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Washington County, CO
How long does it take to sell a home in Washington County, CO?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
75 Days | 55 Days | -26.3% |
Summary: Homes in Washington County had an average of 55 days on market in May 2024, down by 26.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Washington County; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.