$2,849 Closing Credit*
$239,900
1,154 SqFt
3 Beds
•1 Full Bath
Jamila Mettee, Listing Office: Integrity Real Estate
Is Colora, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Colora has remained a Seller's Market.
Key Takeaway
Colora is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Colora, MD
How much do homes in Colora, MD cost?
Median Sold Price
$289,900
$302/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
-$225,100(-43.7%)
Key Takeaway
Homes in Colora have sold for 43.7% less than they did a month ago.
Summary: The median home sold price in Colora was $289,900 in September 2024, down 43.7% from last month, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $540K | $289.9K | -46.3% |
| 4 Bedrooms | $490K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Colora housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 46.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Conowingo | $417.5K | $570K | +36.5% |
| Colora | $515K | $289.9K | -43.7% |
Housing Supply in Colora, MD
How many homes are available in Colora, MD?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Summary: The Colora real estate market had 4 homes for sale in September 2024, a 33.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Colora housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Colora, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Colora in September 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Colora, MD
How long does it take to sell a home in Colora, MD?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 Days | 24 Days | +433.3% |
Summary: Homes in Colora had an average of 24 days on market in Sep 2024, up by 433.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Colora are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 1 homes were sold in Colora; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
