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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kersey-Gill is a buyer's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Kersey-Gill, CO

How much do homes in Kersey-Gill, CO cost?

Median Sold Price

$448,750

$265/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$26,250(-5.5%)

Key Takeaway

Homes in Kersey-Gill have sold for 5.5% less than they did a year ago.

Summary: The median home sold price in Kersey-Gill was $448,750 in February 2024, down 5.5% from last year, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $275K$226K
-17.8%
2 $352.7K$300K
-14.9%
3 $475K$440K
-7.4%
4 $490K$495K
+1.0%
5+ $590K$675K
+14.4%

Summary: Kersey-Gill housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.8%, 2 bedroom homes decreased by 14.9%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 14.4%.

Median Sold Price Compared To Nearby Cities

Kersey-Gill
-5.5%
Kersey
-8.5%

Housing Supply in Kersey-Gill, CO

How many homes are available in Kersey-Gill, CO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2326+13.0%

Summary: The Kersey-Gill real estate market had 26 homes for sale in February 2024, a 13.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 910
+11.1%
4 1010
0.0%
5+ 25
+150.0%

Summary: The Kersey-Gill housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kersey-Gill, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Kersey-Gill in February 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Kersey-Gill, CO

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

Average Sale Time

Feb 2023Feb 2024CHANGE
38 Days182 Days+376.7%

Summary: Homes in Kersey-Gill had an average of 182 days on market in Feb 2024, up by 376.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 3 homes were sold in Kersey-Gill; 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 28 Days Ago

Newest Listings in Kersey-Gill, CO

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