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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Keystone is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Keystone was a Buyer's Market.

Key Takeaway

Keystone is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Keystone, CO

How much do homes in Keystone, CO cost?

Median Sold Price

$869,000

$767/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$143,500(-14.2%)

Key Takeaway

Homes in Keystone have sold for 14.2% less than they did a month ago.

Summary: The median home sold price in Keystone was $869,000 in May 2024, down 14.2% from last month, and the median price per square foot was $767.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$585K
N/A
2 $810K$700K
-13.6%
3 -$1.2M
N/A
4 $1.2M$2.1M
+72.8%
5+ --
N/A

Summary: Keystone housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 72.8%, and 5+ bedroom homes did not change.

Housing Supply in Keystone, CO

How many homes are available in Keystone, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2741+51.9%

Summary: The Keystone real estate market had 41 homes for sale in May 2024, a 51.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 712
+71.4%
2 1117
+54.5%
3 69
+50.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Keystone housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 71.4%, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Keystone, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Keystone in May 2024, up by 250.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Keystone, CO

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

Average Sale Time

Apr 2024May 2024CHANGE
77 Days8 Days-89.7%

Summary: Homes in Keystone had an average of 8 days on market in May 2024, down by 89.7% compared to last month.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Keystone are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 7 homes were sold in Keystone; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

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