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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lochbuie is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Lochbuie, CO

How much do homes in Lochbuie, CO cost?

Median Sold Price

$490,000

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$15,000(+3.2%)

Key Takeaway

Homes in Lochbuie have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Lochbuie was $490,000 in May 2024, up 3.2% from last year, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $375K$380K
+1.3%
3 $460K$460K
0.0%
4 $497.2K$517.4K
+4.1%
5+ $525K$503.2K
-4.2%

Summary: Lochbuie housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 4.2%.

Median Sold Price Compared To Nearby Cities

Lochbuie
+3.2%
Keenesburg-Hudson
-1.1%

Housing Supply in Lochbuie, CO

How many homes are available in Lochbuie, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6560-7.7%

Summary: The Lochbuie real estate market had 60 homes for sale in May 2024, a 7.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2727
0.0%
4 3530
-14.3%
5+ 22
0.0%

Summary: The Lochbuie 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
2014-30.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lochbuie, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Lochbuie in May 2024, down by 30.0% month-over-month. Of the 14 sold homes, 36% were sold under asking, 36% were sold at asking, and 29% were sold over asking.

Days on Market for Lochbuie, CO

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

Average Sale Time

May 2023May 2024CHANGE
50 Days58 Days+16.4%

Summary: Homes in Lochbuie had an average of 58 days on market in May 2024, up by 16.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lochbuie has remained consistent over time.

Summary: During May 2024, 14 homes were sold in Lochbuie; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 21% 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 2 Days Ago

Newest Listings in Lochbuie, CO

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