Is Estes Park, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Estes Park has remained a Seller's Market.
Housing Prices in Estes Park, CO
How much do homes in Estes Park, CO cost?
Median Sold Price
$698,187
$409/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Estes Park was $698,187 in April 2024, up 3.4% from last year, and the median price per square foot was $409.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $384.5K | $352K | -8.5% |
2 Bedrooms | $455K | $550K | +20.9% |
3 Bedrooms | $760K | $725K | -4.6% |
4 Bedrooms | $965K | $962.5K | -0.3% |
5+ Bedrooms | $1.0M | $1.0M | +2.6% |
Summary: Estes Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes increased by 20.9%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Cities
Estes Park | $675K | $698.1K | +3.4% |
Drake | $495K | $455K | -8.1% |
Housing Supply in Estes Park, CO
How many homes are available in Estes Park, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
102 | 113 | +10.8% |
Summary: The Estes Park real estate market had 113 homes for sale in April 2024, a 10.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 5 | -44.4% |
2 Bedrooms | 23 | 27 | +17.4% |
3 Bedrooms | 41 | 48 | +17.1% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Estes Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 44.4%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Estes Park in April 2024, up by 15.0% month-over-month. Of the 23 sold homes, 61% were sold under asking, 30% were sold at asking, and 9% were sold over asking.
Days on Market for Estes Park, CO
How long does it take to sell a home in Estes Park, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 91 Days | +44.5% |
Summary: Homes in Estes Park had an average of 91 days on market in Apr 2024, up by 44.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Estes Park; 26% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.