Is Bailey, 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, Bailey has remained a Seller's Market.
Housing Prices in Bailey, CO
How much do homes in Bailey, CO cost?
Median Sold Price
$555,000
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bailey was $555,000 in April 2024, down 6.6% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $139K | $366K | +163.3% |
2 Bedrooms | $455K | $424.5K | -6.7% |
3 Bedrooms | $620K | $565K | -8.9% |
4 Bedrooms | $780K | $632.5K | -18.9% |
5+ Bedrooms | $750K | $725K | -3.3% |
Summary: Bailey housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 163.3%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes decreased by 18.9%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Cities
Pine | $613.5K | $750K | +22.2% |
Evergreen | $885K | $1.0M | +15.1% |
South Jefferson | $923.7K | $964.6K | +4.4% |
Bailey | $594.2K | $555K | -6.6% |
Housing Supply in Bailey, CO
How many homes are available in Bailey, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 64 | +56.1% |
Summary: The Bailey real estate market had 64 homes for sale in April 2024, a 56.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 23 | 34 | +47.8% |
4 Bedrooms | 10 | 17 | +70.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Bailey housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 47.8%, 4 bedroom homes increased by 70%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 16 | +220.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Bailey in April 2024, up by 220.0% month-over-month. Of the 16 sold homes, 56% were sold under asking, 19% were sold at asking, and 25% were sold over asking.
Days on Market for Bailey, CO
How long does it take to sell a home in Bailey, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 45 Days | +346.1% |
Summary: Homes in Bailey had an average of 45 days on market in Apr 2024, up by 346.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Bailey; 63% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.