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Town comparisons › Arvada vs Lakewood

Arvada vs Lakewood

Arvada and Lakewood are both in Jefferson County. There are 538 homes for sale in Arvada and 361 in Lakewood as this page loaded. Arvada is the more expensive of the two: a median asking price of $625,000 against $500,000 in Lakewood, about 25% higher. Homes are moving faster in Arvada — a median of 45 days on market against 80 in Lakewood. Arvada is a balanced market right now and Lakewood is a seller's market.

Side by side

MeasureArvadaLakewood
Homes for sale538361
New in last 30 days20281
Median asking price$625,000$500,000
Median price per sq ft$303$298
Median size (sq ft)2,0211,610
Median bedrooms33
Median days on market4580
Months of supply3.12.5
Sold, last 12 months2,1131,739
Median sold price$620,000$570,000
Median days to sell5155
Sold vs asking price100.0%100.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Arvada is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.
Lakewood is a seller's marketUnder three months of supply means the homes for sale would run out in under three months at the current pace of sales. Sellers tend to hold their price and good homes go quickly.

Arvada

538
Homes for sale
$625,000
Median asking price
$303
Median per sq ft
45
Median days on market

Lakewood

361
Homes for sale
$500,000
Median asking price
$298
Median per sq ft
80
Median days on market

Look at either town on its own

Questions people ask

Is Arvada or Lakewood more expensive?

Arvada is more expensive. The median asking price is $625,000 in Arvada against $500,000 in Lakewood. By price per square foot, Arvada runs $303 and Lakewood $298.

Which moves faster, Arvada or Lakewood?

Homes for sale in Arvada have been on the market a median of 45 days, against 80 days in Lakewood. Of the homes that actually closed in the last twelve months, Arvada took a median of 51 days and Lakewood 55.

Is Arvada or Lakewood the better market for a buyer?

Arvada is a balanced market and Lakewood is a seller's market, measured on months of supply — 3.1 months in Arvada and 2.5 in Lakewood. More months of supply means more choice and more room to negotiate, so on that measure Arvada is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Arvada and Lakewood?

There are 538 homes for sale in Arvada and 361 in Lakewood as this page loaded, 202 and 81 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.