Is Speer, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Speer has remained a Seller's Market.
Housing Prices in Speer, CO
How much do homes in Speer, CO cost?
Median Sold Price
$582,000
$486/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Speer was $582,000 in April 2024, down 16% from last year, and the median price per square foot was $486.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | $290K | -1.7% |
2 Bedrooms | $469K | $530K | +13.0% |
3 Bedrooms | $855K | $855K | 0.0% |
4 Bedrooms | $937.5K | $1.1M | +17.3% |
5+ Bedrooms | $1.0M | $908.2K | -12.2% |
Summary: Speer housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes increased by 13%, 3 bedroom homes did not change, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes decreased by 12.2%.
Median Sold Price Compared To Nearby Neighborhoods
Speer | $692.5K | $582K | -16.0% |
Alamo Placita | $857K | $555K | -35.2% |
Housing Supply in Speer, CO
How many homes are available in Speer, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 69 | +32.7% |
Summary: The Speer real estate market had 69 homes for sale in April 2024, a 32.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 19 | +46.2% |
2 Bedrooms | 24 | 27 | +12.5% |
3 Bedrooms | 10 | 16 | +60.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Speer housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 46.2%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 17 | +183.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Speer in April 2024, up by 183.3% month-over-month. Of the 17 sold homes, 41% were sold under asking, 6% were sold at asking, and 53% were sold over asking.
Days on Market for Speer, CO
How long does it take to sell a home in Speer, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 32 Days | +358.0% |
Summary: Homes in Speer had an average of 32 days on market in Apr 2024, up by 358% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Speer; 65% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.