Is Cotopaxi, CO 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, Cotopaxi has remained a Buyer's Market.
Housing Prices in Cotopaxi, CO
How much do homes in Cotopaxi, CO cost?
Median Sold Price
$375,000
$314/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Cotopaxi was $375,000 in April 2024, down 19.4% from last month, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $465K | $935K | +101.1% |
3 Bedrooms | - | $314K | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Cotopaxi housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 101.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Cotopaxi, CO
How many homes are available in Cotopaxi, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 51 | +37.8% |
Summary: The Cotopaxi real estate market had 51 homes for sale in April 2024, a 37.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 11 | 15 | +36.4% |
3 Bedrooms | 15 | 21 | +40.0% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Cotopaxi housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Cotopaxi in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Cotopaxi, CO
How long does it take to sell a home in Cotopaxi, CO?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 Days | 35 Days | +1650.0% |
Summary: Homes in Cotopaxi had an average of 35 days on market in Apr 2024, up by 1650% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Cotopaxi; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.