Is Lone Tree, 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, Lone Tree has remained a Seller's Market.
Housing Prices in Lone Tree, CO
How much do homes in Lone Tree, CO cost?
Median Sold Price
$840,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lone Tree was $840,000 in April 2024, up 1.3% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $365.5K | $361K | -1.2% |
2 Bedrooms | $569K | $575K | +1.1% |
3 Bedrooms | $705K | $735K | +4.3% |
4 Bedrooms | $1.0M | $800K | -20.0% |
5+ Bedrooms | $1.5M | $1.2M | -16.4% |
Summary: Lone Tree housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 16.4%.
Median Sold Price Compared To Nearby Cities
Southwest Arapahoe | $662K | $697.4K | +5.3% |
Lone Tree | $829K | $840K | +1.3% |
Centennial | $667.2K | $675K | +1.2% |
Sedalia | $769.2K | $775.5K | +0.8% |
Littleton | $671.9K | $669.6K | -0.3% |
Housing Supply in Lone Tree, CO
How many homes are available in Lone Tree, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 70 | +48.9% |
Summary: The Lone Tree real estate market had 70 homes for sale in April 2024, a 48.9% 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 | 6 | 8 | +33.3% |
3 Bedrooms | 14 | 18 | +28.6% |
4 Bedrooms | 11 | 16 | +45.5% |
5+ Bedrooms | 16 | 28 | +75.0% |
Summary: The Lone Tree 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 28.6%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 22 | +175.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Lone Tree in April 2024, up by 175.0% month-over-month. Of the 22 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for Lone Tree, CO
How long does it take to sell a home in Lone Tree, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 22 Days | +20.3% |
Summary: Homes in Lone Tree had an average of 22 days on market in Apr 2024, up by 20.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Lone Tree; 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.