Is South Eastern Plains, 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, South Eastern Plains has remained a Seller's Market.
Housing Prices in South Eastern Plains, CO
How much do homes in South Eastern Plains, CO cost?
Median Sold Price
$795,000
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Eastern Plains was $795,000 in April 2024, up 1.3% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $612.5K | $570K | -6.9% |
3 Bedrooms | $678.5K | $663.5K | -2.2% |
4 Bedrooms | $775K | $799K | +3.1% |
5+ Bedrooms | $990K | $970K | -2.0% |
Summary: South Eastern Plains 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 6.9%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Neighborhoods
Northwest Lafayette / Indian Peaks | $812K | $840K | +3.4% |
South Eastern Plains | $785K | $795K | +1.3% |
Housing Supply in South Eastern Plains, CO
How many homes are available in South Eastern Plains, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 104 | +25.3% |
Summary: The South Eastern Plains real estate market had 104 homes for sale in April 2024, a 25.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 9 | +50.0% |
3 Bedrooms | 28 | 41 | +46.4% |
4 Bedrooms | 26 | 29 | +11.5% |
5+ Bedrooms | 23 | 25 | +8.7% |
Summary: The South Eastern Plains 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 50%, 3 bedroom homes increased by 46.4%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 8.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 29 | +11.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in South Eastern Plains in April 2024, up by 11.5% month-over-month. Of the 29 sold homes, 48% were sold under asking, 24% were sold at asking, and 28% were sold over asking.
Days on Market for South Eastern Plains, CO
How long does it take to sell a home in South Eastern Plains, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 54 Days | +22.6% |
Summary: Homes in South Eastern Plains had an average of 54 days on market in Apr 2024, up by 22.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 29 homes were sold in South Eastern Plains; 52% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.