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 August 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

$977,500

$442/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$56,500(+6.1%)

Key Takeaway

Homes in Bald Mountain have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Bald Mountain was $977,500 in August 2024, up 6.1% from last year, and the median price per square foot was $442.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $402K$415K
+3.2%
2 $600K$567.5K
-5.4%
3 $880K$950K
+8.0%
4 $1.4M$1.4M
0.0%
5+ $1.8M$1.8M
+0.6%

Summary: Bald Mountain housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Cities

Nederland
+13.7%
Bald Mountain
+6.1%

Housing Supply in Bald Mountain, CO

How many homes are available in Bald Mountain, CO?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
168187+11.3%

Summary: The Bald Mountain real estate market had 187 homes for sale in August 2024, a 11.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 612
+100.0%
2 2429
+20.8%
3 7481
+9.5%
4 4847
-2.1%
5+ 1618
+12.5%

Summary: The Bald Mountain housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20.8%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
2723-14.8%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 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. 78.3% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Bald Mountain in August 2024, down by 14.8% month-over-month. Of the 23 sold homes, 78% were sold under asking, 13% were sold at asking, and 9% 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

Aug 2023Aug 2024CHANGE
28 Days45 Days+58.5%

Summary: Homes in Bald Mountain had an average of 45 days on market in Aug 2024, up by 58.5% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bald Mountain are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 23 homes were sold in Bald Mountain; 52% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 4% 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 9 Days Ago

Newest Listings in Bald Mountain, CO

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