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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dillon is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Dillon has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Dillon, CO

How much do homes in Dillon, CO cost?

Median Sold Price

$1,317,500

$737/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$715,000(+118.7%)

Key Takeaway

Homes in Dillon have sold for 118.7% more than they did a month ago.

Summary: The median home sold price in Dillon was $1,317,500 in April 2024, up 118.7% from last month, and the median price per square foot was $737.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $455K-
N/A
2 $750K-
N/A
3 -$1.2M
N/A
4 -$1.3M
N/A
5+ --
N/A

Summary: Dillon housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Dillon, CO

How many homes are available in Dillon, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3053+76.7%

Summary: The Dillon real estate market had 53 homes for sale in April 2024, a 76.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 713
+85.7%
2 1018
+80.0%
3 714
+100.0%
4 45
+25.0%
5+ 23
+50.0%

Summary: The Dillon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 85.7%, 2 bedroom homes increased by 80%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dillon, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Dillon in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Dillon, CO

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

Average Sale Time

Mar 2024Apr 2024CHANGE
85 Days49 Days-42.4%

Summary: Homes in Dillon had an average of 49 days on market in Apr 2024, down by 42.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dillon are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Dillon; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 18 Days Ago

Newest Listings in Dillon, CO

Nearby Markets to Dillon, CO