Is Fairplay, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fairplay was a Buyer's Market.
Key Takeaway
Fairplay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fairplay, CO
How much do homes in Fairplay, CO cost?
Median Sold Price
$711,500
$341/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Fairplay have sold for 63.6% more than they did a month ago.
Summary: The median home sold price in Fairplay was $711,500 in April 2024, up 63.6% from last month, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $435K | $419K | -3.7% |
| 3 Bedrooms | - | $678K | N/A |
| 4 Bedrooms | - | $947.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Fairplay 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 decreased by 3.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Fairplay, CO
How many homes are available in Fairplay, CO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 32 | +45.5% |
Summary: The Fairplay real estate market had 32 homes for sale in April 2024, a 45.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 15 | +50.0% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Fairplay housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairplay, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Fairplay in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Fairplay, CO
How long does it take to sell a home in Fairplay, CO?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 Days | 53 Days | +438.3% |
Summary: Homes in Fairplay had an average of 53 days on market in Apr 2024, up by 438.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fairplay has remained consistent over time.
Summary: During April 2024, 6 homes were sold in Fairplay; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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