Is North Eastern Plains, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, North Eastern Plains was a Buyer's Market.
Housing Prices in North Eastern Plains, CO
How much do homes in North Eastern Plains, CO cost?
Median Sold Price
$900,000
$412/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Eastern Plains was $900,000 in April 2024, down 18.2% from last year, and the median price per square foot was $412.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $842.5K | $615.6K | -26.9% |
3 Bedrooms | $998.7K | $685K | -31.4% |
4 Bedrooms | $1.2M | $1.4M | +14.2% |
5+ Bedrooms | $1.2M | $1.9M | +60.4% |
Summary: North Eastern Plains 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 26.9%, 3 bedroom homes decreased by 31.4%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 60.4%.
Housing Supply in North Eastern Plains, CO
How many homes are available in North Eastern Plains, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 28 | +21.7% |
Summary: The North Eastern Plains real estate market had 28 homes for sale in April 2024, a 21.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 8 | 11 | +37.5% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The North Eastern Plains 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 37.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in North Eastern Plains in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for North Eastern Plains, CO
How long does it take to sell a home in North Eastern Plains, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
157 Days | 115 Days | -26.4% |
Summary: Homes in North Eastern Plains had an average of 115 days on market in Apr 2024, down by 26.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in North Eastern Plains; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.