Is Park County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Park County has remained a Seller's Market.
Housing Prices in Park County, CO
How much do homes in Park County, CO cost?
Median Sold Price
$549,500
$326/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Park County was $549,500 in March 2024, down 0.1% from last year, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $253K | $350K | +38.3% |
2 Bedrooms | $432.5K | $435K | +0.6% |
3 Bedrooms | $615K | $592K | -3.7% |
4 Bedrooms | $750K | $630K | -16.0% |
5+ Bedrooms | $915K | $725K | -20.8% |
Summary: Park County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.3%, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes decreased by 20.8%.
Median Sold Price Compared To Nearby Counties
Chaffee County | $631.6K | $650K | +2.9% |
Summit County | $1.0M | $1.0M | +2.6% |
Teller County | $508.2K | $517.5K | +1.8% |
Park County | $550K | $549.5K | -0.1% |
Lake County | $543.5K | $536K | -1.4% |
Housing Supply in Park County, CO
How many homes are available in Park County, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
222 | 251 | +13.1% |
Summary: The Park County real estate market had 251 homes for sale in March 2024, a 13.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 16 | +23.1% |
2 Bedrooms | 63 | 64 | +1.6% |
3 Bedrooms | 106 | 119 | +12.3% |
4 Bedrooms | 34 | 43 | +26.5% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Park County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 26.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 43 | +16.2% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Park County in March 2024, up by 16.2% month-over-month. Of the 43 sold homes, 49% were sold under asking, 30% were sold at asking, and 21% were sold over asking.
Days on Market for Park County, CO
How long does it take to sell a home in Park County, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
87 Days | 82 Days | -6.2% |
Summary: Homes in Park County had an average of 82 days on market in Mar 2024, down by 6.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During March 2024, 43 homes were sold in Park County; 49% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.