Severance, CO
Housing market overview · Updated weekly
$477,000median sale price
Homes sold
24
Last 12 weeks
Days on market
108
Average pace
Active listings
82
3.4 months supply
Sale-to-list
100.7%
Above asking
The Severance housing market is currently classified as a balanced market with a median sale price of $477,000. Prices have fallen 8.3% compared to last year, with homes spending an average of 108 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Severance?
The median home sale price in Severance is $477,000, down 8.3% from last year.
How long do homes stay on market in Severance?
Homes typically spend 108 days on market before going under contract.
Is Severance a buyer's or seller's market?
With 3.4 months of supply, Severance is currently a balanced market.
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