Is Kersey-Gill, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kersey-Gill is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Kersey-Gill was a Seller's Market.

Key Takeaway

Kersey-Gill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kersey-Gill, CO

How much do homes in Kersey-Gill, CO cost?

Median Sold Price

$475,000

$231/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since April 2023.

Key Takeaway

The sold price of homes in Kersey-Gill has remained the same since last year.

Summary: The median home sold price in Kersey-Gill was $475,000 in April 2024, the same as last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $275K-
N/A
2 $373.8K$300K
-19.8%
3 $445K$426.5K
-4.2%
4 $547.5K$495K
-9.6%
5+ $565K$725K
+28.3%

Summary: Kersey-Gill 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 decreased by 19.8%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 28.3%.

Median Sold Price Compared To Nearby Cities

Gill
+25.3%
Kersey-Gill
0.0%
Kersey
-4.5%

Housing Supply in Kersey-Gill, CO

How many homes are available in Kersey-Gill, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1922+15.8%

Summary: The Kersey-Gill real estate market had 22 homes for sale in April 2024, a 15.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 79
+28.6%
4 55
0.0%
5+ 66
0.0%

Summary: The Kersey-Gill 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 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kersey-Gill, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kersey-Gill in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Kersey-Gill, CO

How long does it take to sell a home in Kersey-Gill, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
177 Days82 Days-53.7%

Summary: Homes in Kersey-Gill had an average of 82 days on market in Apr 2024, down by 53.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kersey-Gill has remained consistent over time.

Summary: During April 2024, 2 homes were sold in Kersey-Gill; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in Kersey-Gill, CO

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