Is Reunion, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reunion is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Reunion has remained a Seller's Market.

Key Takeaway

Reunion is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Reunion, CO

How much do homes in Reunion, CO cost?

Median Sold Price

$555,000

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$50,000(-8.3%)

Key Takeaway

Homes in Reunion have sold for 8.3% less than they did a year ago.

Summary: The median home sold price in Reunion was $555,000 in April 2024, down 8.3% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $385.5K$450K
+16.7%
3 $571.7K$522.4K
-8.6%
4 $610K$592.9K
-2.8%
5+ $627.5K$630K
0.4%

Summary: Reunion 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 increased by 16.7%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 0.4%.

Median Sold Price Compared To Nearby Neighborhoods

Buffalo Mesa
+0.7%
Fronterra Village
-6.3%
Reunion
-8.3%

Housing Supply in Reunion, CO

How many homes are available in Reunion, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
71108+52.1%

Summary: The Reunion real estate market had 108 homes for sale in April 2024, a 52.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 813
+62.5%
3 2943
+48.3%
4 2334
+47.8%
5+ 1118
+63.6%

Summary: The Reunion 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 increased by 62.5%, 3 bedroom homes increased by 48.3%, 4 bedroom homes increased by 47.8%, and 5+ bedroom homes increased by 63.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
326+766.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reunion, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Reunion in April 2024, up by 766.7% month-over-month. Of the 26 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.

Days on Market for Reunion, CO

How long does it take to sell a home in Reunion, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days29 Days+1.6%

Summary: Homes in Reunion had an average of 29 days on market in Apr 2024, up by 1.6% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Reunion are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 26 homes were sold in Reunion; 73% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% 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 10 Days Ago

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