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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kersey is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Kersey is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Kersey, CO

How much do homes in Kersey, CO cost?

Median Sold Price

$429,950

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$20,050(-4.5%)

Key Takeaway

Homes in Kersey have sold for 4.5% less than they did a year ago.

Summary: The median home sold price in Kersey was $429,950 in April 2024, down 4.5% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $373.8K$403.7K
+8.0%
3 $440K$391.5K
-11.0%
4 $625K$447K
-28.5%
5+ $565K$732K
+29.6%

Summary: Kersey housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 28.5%, and 5+ bedroom homes increased by 29.6%.

Median Sold Price Compared To Nearby Cities

Kersey-Gill
0.0%
Kersey
-4.5%

Housing Supply in Kersey, CO

How many homes are available in Kersey, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
612+100.0%

Summary: The Kersey real estate market had 12 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 26
+200.0%
4 23
+50.0%
5+ 12
+100.0%

Summary: The Kersey housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Kersey, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kersey in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Kersey, CO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
56 Days171 Days+206.3%

Summary: Homes in Kersey had an average of 171 days on market in Apr 2024, up by 206.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Kersey are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 2 homes were sold in Kersey; 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 6 Days Ago

Newest Listings in Kersey, CO

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