Is Peyton, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Peyton was a Seller's Market.
Housing Prices in Peyton, CO
How much do homes in Peyton, CO cost?
Median Sold Price
$553,500
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Peyton was $553,500 in March 2024, up 1.7% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $388K | $371.3K | -4.3% |
3 Bedrooms | $435K | $455K | +4.6% |
4 Bedrooms | $520K | $560K | +7.7% |
5+ Bedrooms | $642K | $667.4K | +4.0% |
Summary: Peyton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
Elsmere | $464.2K | $474.9K | +2.3% |
Peyton | $544K | $553.5K | +1.7% |
Southeastern El Paso | $449.9K | $450K | 0.0% |
Black Forest-Peyton | $675.9K | $669.6K | -0.9% |
Colorado Springs | $474.5K | $464.8K | -2.1% |
Housing Supply in Peyton, CO
How many homes are available in Peyton, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
110 | 139 | +26.4% |
Summary: The Peyton real estate market had 139 homes for sale in March 2024, a 26.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 23 | 36 | +56.5% |
4 Bedrooms | 36 | 45 | +25.0% |
5+ Bedrooms | 46 | 55 | +19.6% |
Summary: The Peyton 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 40%, 3 bedroom homes increased by 56.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 19.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Peyton in March 2024, up by 18.8% month-over-month. Of the 19 sold homes, 53% were sold under asking, 32% were sold at asking, and 16% were sold over asking.
Days on Market for Peyton, CO
How long does it take to sell a home in Peyton, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 69 Days | +49.8% |
Summary: Homes in Peyton had an average of 69 days on market in Mar 2024, up by 49.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in Peyton; 53% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.