Is Belcaro / Polo Club, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belcaro / Polo Club is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Belcaro / Polo Club has remained a Seller's Market.

Key Takeaway

Belcaro / Polo Club is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Belcaro / Polo Club, CO

How much do homes in Belcaro / Polo Club, CO cost?

Median Sold Price

$1,750,000

$538/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$450,000(+34.6%)

Key Takeaway

Homes in Belcaro / Polo Club have sold for 34.6% more than they did a year ago.

Summary: The median home sold price in Belcaro / Polo Club was $1,750,000 in April 2024, up 34.6% from last year, and the median price per square foot was $538.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $495K$390K
-21.2%
2 $685K$740K
+8.0%
3 $1.1M$2.1M
+89.7%
4 $1.6M$1.6M
+4.1%
5+ $3.2M$2.9M
-9.1%

Summary: Belcaro / Polo Club housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.2%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 89.7%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 9.1%.

Housing Supply in Belcaro / Polo Club, CO

How many homes are available in Belcaro / Polo Club, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2035+75.0%

Summary: The Belcaro / Polo Club real estate market had 35 homes for sale in April 2024, a 75.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 58
+60.0%
3 13
+200.0%
4 610
+66.7%
5+ 612
+100.0%

Summary: The Belcaro / Polo Club housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belcaro / Polo Club, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Belcaro / Polo Club in April 2024, up by 133.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Belcaro / Polo Club, CO

How long does it take to sell a home in Belcaro / Polo Club, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
49 Days31 Days-36.7%

Summary: Homes in Belcaro / Polo Club had an average of 31 days on market in Apr 2024, down by 36.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Belcaro / Polo Club are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in Belcaro / Polo Club; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% 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 2 Days Ago

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