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 buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Deer Trail, CO

How much do homes in Deer Trail, CO cost?

Median Sold Price

$395,000

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$3,125(+0.8%)

Key Takeaway

Homes in Deer Trail have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Deer Trail was $395,000 in March 2024, up 0.8% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $288.9K$380K
+31.5%
3 $395K$397K
0.5%
4 $412.5K$500K
+21.2%
5+ $595K$436K
-26.7%

Summary: Deer Trail housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.5%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes decreased by 26.7%.

Median Sold Price Compared To Nearby Cities

Deer Trail
+0.8%
East Arapahoe
-4.2%

Housing Supply in Deer Trail, CO

How many homes are available in Deer Trail, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1816-11.1%

Summary: The Deer Trail real estate market had 16 homes for sale in March 2024, a 11.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 85
-37.5%
4 13
+200.0%
5+ 00
0.0%

Summary: The Deer Trail housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
61-83.3%

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 Deer Trail, 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 Deer Trail in March 2024, down by 83.3% 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 Deer Trail, CO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
88 Days104 Days+17.5%

Summary: Homes in Deer Trail had an average of 104 days on market in Mar 2024, up by 17.5% 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 Deer Trail 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 Deer Trail; 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 25 Days Ago

Newest Listings in Deer Trail, CO

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