Is Bald Mountain, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bald Mountain is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Bald Mountain was a Seller's Market.

Key Takeaway

Bald Mountain is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bald Mountain, CO

How much do homes in Bald Mountain, CO cost?

Median Sold Price

$950,000

$433/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$45,000(-4.5%)

Key Takeaway

Homes in Bald Mountain have sold for 4.5% less than they did a year ago.

Summary: The median home sold price in Bald Mountain was $950,000 in May 2024, down 4.5% from last year, and the median price per square foot was $433.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $390K$506K
+29.7%
2 $571K$593.6K
+4.0%
3 $961.2K$893.1K
-7.1%
4 $1.4M$1.4M
-3.0%
5+ $1.9M$1.7M
-13.6%

Summary: Bald Mountain housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.7%, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 13.6%.

Median Sold Price Compared To Nearby Cities

Nederland
+7.7%
Bald Mountain
-4.5%

Housing Supply in Bald Mountain, CO

How many homes are available in Bald Mountain, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
106142+34.0%

Summary: The Bald Mountain real estate market had 142 homes for sale in May 2024, a 34.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 25
+150.0%
2 1219
+58.3%
3 3351
+54.5%
4 4753
+12.8%
5+ 1214
+16.7%

Summary: The Bald Mountain housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 58.3%, 3 bedroom homes increased by 54.5%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1816-11.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bald Mountain, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Bald Mountain in May 2024, down by 11.1% month-over-month. Of the 16 sold homes, 69% were sold under asking, 13% were sold at asking, and 19% were sold over asking.

Days on Market for Bald Mountain, CO

How long does it take to sell a home in Bald Mountain, CO?

Average Sale Time

May 2023May 2024CHANGE
46 Days50 Days+9.4%

Summary: Homes in Bald Mountain had an average of 50 days on market in May 2024, up by 9.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bald Mountain has remained consistent over time.

Summary: During May 2024, 16 homes were sold in Bald Mountain; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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