Is Superior, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Superior has remained a Seller's Market.
Housing Prices in Superior, CO
How much do homes in Superior, CO cost?
Median Sold Price
$832,500
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Superior was $832,500 in May 2024, up 2.4% from last year, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $350K | +7.7% |
2 Bedrooms | $500K | $427K | -14.6% |
3 Bedrooms | $781K | $749K | -4.1% |
4 Bedrooms | $875K | $930K | +6.3% |
5+ Bedrooms | $1.0M | $1.0M | +2.6% |
Summary: Superior housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 14.6%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Cities
Northeast Jefferson | $600.2K | $624.9K | +4.1% |
Superior | $813K | $832.5K | +2.4% |
Lafayette-Louisville | $777.7K | $794.6K | +2.2% |
Broomfield | $612.2K | $625K | +2.1% |
Housing Supply in Superior, CO
How many homes are available in Superior, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
90 | 93 | +3.3% |
Summary: The Superior real estate market had 93 homes for sale in May 2024, a 3.3% increase 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 | 19 | 22 | +15.8% |
3 Bedrooms | 27 | 25 | -7.4% |
4 Bedrooms | 19 | 25 | +31.6% |
5+ Bedrooms | 25 | 21 | -16.0% |
Summary: The Superior 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 15.8%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes decreased by 16%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Superior in May 2024, up by 5.9% month-over-month. Of the 18 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for Superior, CO
How long does it take to sell a home in Superior, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
51 Days | 23 Days | -54.4% |
Summary: Homes in Superior had an average of 23 days on market in May 2024, down by 54.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Superior; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.