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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cotopaxi is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Cotopaxi was a Neutral Market.

Key Takeaway

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

Housing Prices in Cotopaxi, CO

How much do homes in Cotopaxi, CO cost?

Median Sold Price

$645,000

$340/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$120,000(+22.9%)

Key Takeaway

Homes in Cotopaxi have sold for 22.9% more than they did a month ago.

Summary: The median home sold price in Cotopaxi was $645,000 in September 2024, up 22.9% from last month, and the median price per square foot was $340.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 $75K-
N/A
2 $165K-
N/A
3 $544.5K$645K
+18.5%
4 $2.0M-
N/A
5+ --
N/A

Summary: Cotopaxi housing prices by bedroom type for September 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 18.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cotopaxi
+22.9%
Howard
+22.9%
Canon City
-34.9%

Housing Supply in Cotopaxi, CO

How many homes are available in Cotopaxi, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
75750.0%

Summary: The Cotopaxi real estate market had 75 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 65
-16.7%
2 1113
+18.2%
3 3633
-8.3%
4 1415
+7.1%
5+ 89
+12.5%

Summary: The Cotopaxi housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
111-90.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cotopaxi, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Cotopaxi in September 2024, down by 90.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Cotopaxi, CO

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

Average Sale Time

Aug 2024Sep 2024CHANGE
96 Days31 Days-67.9%

Summary: Homes in Cotopaxi had an average of 31 days on market in Sep 2024, down by 67.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cotopaxi has remained consistent over time.

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

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Newest Listings in Cotopaxi, CO

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MLS Disclaimers and Copyright

Based on information from REColorado, Pikes Peak MLS / Colorado Springs Realtor Services Corp., and Colorado Real Estate Network Inc. for the period 08/01/2024 - 10/01/2024

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Last updated on: 10/31/2024, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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