Is Hale, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hale has remained a Seller's Market.
Housing Prices in Hale, CO
How much do homes in Hale, CO cost?
Median Sold Price
$670,680
$402/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hale was $670,680 in April 2024, down 8.9% from last year, and the median price per square foot was $402.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $239K | $267K | +11.7% |
2 Bedrooms | $400K | $400K | 0.0% |
3 Bedrooms | $790K | $827.5K | +4.7% |
4 Bedrooms | $875K | $926.2K | +5.9% |
5+ Bedrooms | $1.7M | $1.3M | -26.5% |
Summary: Hale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 26.5%.
Median Sold Price Compared To Nearby Neighborhoods
Hale | $736.2K | $670.6K | -8.9% |
Bellevue Park | $300K | $267K | -11.0% |
Housing Supply in Hale, CO
How many homes are available in Hale, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 63 | +57.5% |
Summary: The Hale real estate market had 63 homes for sale in April 2024, a 57.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 11 | +83.3% |
2 Bedrooms | 19 | 23 | +21.1% |
3 Bedrooms | 9 | 15 | +66.7% |
4 Bedrooms | 4 | 11 | +175.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Hale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 83.3%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 175%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 15 | +650.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Hale in April 2024, up by 650.0% month-over-month. Of the 15 sold homes, 60% were sold under asking, 7% were sold at asking, and 33% were sold over asking.
Days on Market for Hale, CO
How long does it take to sell a home in Hale, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
3 Days | 52 Days | +1648.9% |
Summary: Homes in Hale had an average of 52 days on market in Apr 2024, up by 1648.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Hale; 47% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.