Is Deer Trail, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Deer Trail is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Deer Trail was a Neutral Market.

Key Takeaway

Deer Trail is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Deer Trail, CO

How much do homes in Deer Trail, CO cost?

Median Sold Price

$460,000

$215/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$50,000(+12.2%)

Key Takeaway

Homes in Deer Trail have sold for 12.2% more than they did a month ago.

Summary: The median home sold price in Deer Trail was $460,000 in September 2024, up 12.2% from last month, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 -$349.9K
N/A
3 $407.5K$500K
+22.7%
4 $480K-
N/A
5+ -$520K
N/A

Summary: Deer Trail 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 22.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Deer Trail, CO

How many homes are available in Deer Trail, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3128-9.7%

Summary: The Deer Trail real estate market had 28 homes for sale in September 2024, a 9.7% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 910
+11.1%
3 1612
-25.0%
4 44
0.0%
5+ 22
0.0%

Summary: The Deer Trail housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deer Trail, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Deer Trail in September 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Deer Trail, CO

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

Average Sale Time

Aug 2024Sep 2024CHANGE
58 Days114 Days+97.1%

Summary: Homes in Deer Trail had an average of 114 days on market in Sep 2024, up by 97.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 6 homes were sold in Deer Trail; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% 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 3 Days Ago

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Last updated on: 10/4/2024, 1:57:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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