Is Estes Park, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Estes Park has remained a Seller's Market.
Housing Prices in Estes Park, CO
How much do homes in Estes Park, CO cost?
Median Sold Price
$682,583
$408/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Estes Park was $682,583 in March 2024, up 1.9% from last year, and the median price per square foot was $408.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $356.2K | +1.8% |
2 Bedrooms | $460K | $550K | +19.6% |
3 Bedrooms | $765K | $730K | -4.6% |
4 Bedrooms | $982.5K | $910K | -7.4% |
5+ Bedrooms | $990K | $1.1M | +15.6% |
Summary: Estes Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 19.6%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Cities
Estes Park | $669.5K | $682.5K | +1.9% |
Drake | $495K | $460K | -7.1% |
Housing Supply in Estes Park, CO
How many homes are available in Estes Park, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
101 | 113 | +11.9% |
Summary: The Estes Park real estate market had 113 homes for sale in March 2024, a 11.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 10 | 0.0% |
2 Bedrooms | 22 | 25 | +13.6% |
3 Bedrooms | 40 | 46 | +15.0% |
4 Bedrooms | 17 | 18 | +5.9% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Estes Park 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 increased by 13.6%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 20 | +11.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Estes Park in March 2024, up by 11.1% month-over-month. Of the 20 sold homes, 60% were sold under asking, 35% were sold at asking, and 5% were sold over asking.
Days on Market for Estes Park, CO
How long does it take to sell a home in Estes Park, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 79 Days | +72.9% |
Summary: Homes in Estes Park had an average of 79 days on market in Mar 2024, up by 72.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in Estes Park; 10% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.