Is La Salle-Gilcrest, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Salle-Gilcrest is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, La Salle-Gilcrest has remained a Seller's Market.

Key Takeaway

La Salle-Gilcrest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in La Salle-Gilcrest, CO

How much do homes in La Salle-Gilcrest, CO cost?

Median Sold Price

$455,000

$268/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$61,500(+15.6%)

Key Takeaway

Homes in La Salle-Gilcrest have sold for 15.6% more than they did a year ago.

Summary: The median home sold price in La Salle-Gilcrest was $455,000 in April 2024, up 15.6% from last year, and the median price per square foot was $268.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $365K$355K
-2.7%
3 $392K$455K
+16.1%
4 $558.2K$440K
-21.2%
5+ $404K$517.5K
+28.1%

Summary: La Salle-Gilcrest 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 decreased by 2.7%, 3 bedroom homes increased by 16.1%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes increased by 28.1%.

Median Sold Price Compared To Nearby Cities

La Salle-Gilcrest
+15.6%
La Salle
+9.4%
Evans
-0.8%
Milliken
-1.2%

Housing Supply in La Salle-Gilcrest, CO

How many homes are available in La Salle-Gilcrest, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1721+23.5%

Summary: The La Salle-Gilcrest real estate market had 21 homes for sale in April 2024, a 23.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 69
+50.0%
4 66
0.0%
5+ 33
0.0%

Summary: The La Salle-Gilcrest 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 increased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Salle-Gilcrest, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in La Salle-Gilcrest in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for La Salle-Gilcrest, CO

How long does it take to sell a home in La Salle-Gilcrest, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
40 Days61 Days+52.8%

Summary: Homes in La Salle-Gilcrest had an average of 61 days on market in Apr 2024, up by 52.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in La Salle-Gilcrest are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in La Salle-Gilcrest; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% 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

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