Is Las Animas County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Las Animas County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Las Animas County has remained a Buyer's Market.

Key Takeaway

Las Animas County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Las Animas County, CO

How much do homes in Las Animas County, CO cost?

Median Sold Price

$360,000

$122/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$242,500(+206.4%)

Key Takeaway

Homes in Las Animas County have sold for 206.4% more than they did a month ago.

Summary: The median home sold price in Las Animas County was $360,000 in March 2024, up 206.4% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $100K$353.5K
+253.5%
3 $135K$235.7K
+74.6%
4 --
N/A
5+ -$365K
N/A

Summary: Las Animas County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 253.5%, 3 bedroom homes increased by 74.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Las Animas County, CO

How many homes are available in Las Animas County, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4446+4.5%

Summary: The Las Animas County real estate market had 46 homes for sale in March 2024, a 4.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 87
-12.5%
3 2224
+9.1%
4 89
+12.5%
5+ 55
0.0%

Summary: The Las Animas County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were 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 Las Animas County, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Las Animas County in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Las Animas County, CO

How long does it take to sell a home in Las Animas County, CO?

Average Sale Time

Feb 2024Mar 2024CHANGE
55 Days96 Days+75.3%

Summary: Homes in Las Animas County had an average of 96 days on market in Mar 2024, up by 75.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Las Animas County has remained consistent over time.

Summary: During March 2024, 5 homes were sold in Las Animas County; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 24 Days Ago

Newest Listings in Las Animas County, CO

Nearby Markets to Las Animas County, CO

What housing markets are near Las Animas County, CO?