Is Como, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Como is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Como, CO

How much do homes in Como, CO cost?

Median Sold Price

$507,500

$338/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$37,500(+8.0%)

Key Takeaway

Homes in Como have sold for 8% more than they did a year ago.

Summary: The median home sold price in Como was $507,500 in March 2024, up 8% from last year, and the median price per square foot was $338.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $420.4K$314.9K
-25.1%
2 $420K$420K
0.0%
3 $488.5K$585K
+19.8%
4 $776K-
N/A
5+ $1.5M-
N/A

Summary: Como housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.1%, 2 bedroom homes did not change, 3 bedroom homes increased by 19.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Como
+8.0%
Hartsel
+7.3%
Jefferson
-10.9%

Housing Supply in Como, CO

How many homes are available in Como, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1419+35.7%

Summary: The Como real estate market had 19 homes for sale in March 2024, a 35.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 13
+200.0%
2 35
+66.7%
3 78
+14.3%
4 22
0.0%
5+ 11
0.0%

Summary: The Como housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Como, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Como in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Como, CO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
252 Days113 Days-55.2%

Summary: Homes in Como had an average of 113 days on market in Mar 2024, down by 55.2% compared to last year.

Breakdown of Home Sale Times

0 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

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

Summary: During March 2024, 1 homes were sold in Como; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

Newest Listings in Como, CO

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