Arvada Real Estate & Homes for Sale

In June 2024, home prices in Arvada increased by 1.6% compared to the previous year, reaching a median price of $656,000. Homes in Arvada typically sell after 12 days on the market, slightly longer than the 10-day average from last year. This June saw 153 homes sold, a decrease from the 188 homes sold in June of the previous year. This drop in sales volume suggests a tightening market, potentially driven by reduced inventory or shifting buyer demand. Despite the slight increase in home prices, the longer time on the market and fewer sales may indicate evolving market conditions in Arvada.

Arvada's housing market is extremely competitive. Homes typically sell in just 8 days, with many receiving multiple offers, some even waiving contingencies. On average, homes sell for around the list price and go pending within 8 days. Particularly desirable homes can sell for about 2% above the list price and go pending in as little as 4 days.

People are moving to Arvada from various locations, with a notable influx from outside the region. Nationwide, 1% of homebuyers searched to move into Arvada from other metropolitan areas. Among these, homebuyers from Houston showed the highest interest in relocating to Arvada, followed by those from San Francisco and New York.