Is Las Animas County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Las Animas County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Las Animas County was a Buyer's Market.

Key Takeaway

Las Animas County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Las Animas County, CO

How much do homes in Las Animas County, CO cost?

Median Sold Price

$354,000

$225/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$185,575(+110.2%)

Key Takeaway

Homes in Las Animas County have sold for 110.2% more than they did a month ago.

Summary: The median home sold price in Las Animas County was $354,000 in May 2024, up 110.2% from last month, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$335K
N/A
2 $85K-
N/A
3 $251.8K$354K
+40.6%
4 -$599K
N/A
5+ --
N/A

Summary: Las Animas County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 40.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Las Animas County
+110.2%
Pueblo County
+3.7%

Housing Supply in Las Animas County, CO

How many homes are available in Las Animas County, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3245+40.6%

Summary: The Las Animas County real estate market had 45 homes for sale in May 2024, a 40.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 44
0.0%
2 33
0.0%
3 1722
+29.4%
4 610
+66.7%
5+ 26
+200.0%

Summary: The Las Animas County 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 remained the same, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Apr 2024May 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Las Animas County, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Las Animas County in May 2024, up by 250.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Las Animas County, CO

How long does it take to sell a home in Las Animas County, CO?

Average Sale Time

Apr 2024May 2024CHANGE
91 Days129 Days+42.4%

Summary: Homes in Las Animas County had an average of 129 days on market in May 2024, up by 42.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Las Animas County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 7 homes were sold in Las Animas County; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% 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

Newest Listings in Las Animas County, CO

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