Is Pueblo West, 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, Pueblo West was a Seller's Market.
Housing Prices in Pueblo West, CO
How much do homes in Pueblo West, CO cost?
Median Sold Price
$425,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pueblo West was $425,000 in March 2024, up 4.1% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $315.5K | $308.5K | -2.2% |
3 Bedrooms | $395K | $399.9K | +1.2% |
4 Bedrooms | $410.9K | $444.5K | +8.2% |
5+ Bedrooms | $475K | $494.9K | +4.2% |
Summary: Pueblo West 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 2.2%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
Pueblo West | $408.3K | $425K | +4.1% |
Pueblo | $330K | $330K | 0.0% |
Southeastern El Paso | $449.9K | $450K | 0.0% |
Housing Supply in Pueblo West, CO
How many homes are available in Pueblo West, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
113 | 146 | +29.2% |
Summary: The Pueblo West real estate market had 146 homes for sale in March 2024, a 29.2% 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 | 4 | 4 | 0.0% |
3 Bedrooms | 49 | 65 | +32.7% |
4 Bedrooms | 32 | 38 | +18.8% |
5+ Bedrooms | 28 | 39 | +39.3% |
Summary: The Pueblo West 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 remained the same, 3 bedroom homes increased by 32.7%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 39.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 10 | -9.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Pueblo West in March 2024, down by 9.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% were sold over asking.
Days on Market for Pueblo West, CO
How long does it take to sell a home in Pueblo West, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 107 Days | +138.2% |
Summary: Homes in Pueblo West had an average of 107 days on market in Mar 2024, up by 138.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Pueblo West; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.