Is Teller County, 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, Teller County has remained a Buyer's Market.
Housing Prices in Teller County, CO
How much do homes in Teller County, CO cost?
Median Sold Price
$500,000
$291/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Teller County was $500,000 in April 2024, up 51.5% from last month, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $261K | N/A |
2 Bedrooms | $330K | $419.5K | +27.1% |
3 Bedrooms | $400K | $565K | +41.3% |
4 Bedrooms | - | $715K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Teller County 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 27.1%, 3 bedroom homes increased by 41.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Teller County, CO
How many homes are available in Teller County, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
164 | 296 | +80.5% |
Summary: The Teller County real estate market had 296 homes for sale in April 2024, a 80.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 13 | +62.5% |
2 Bedrooms | 22 | 45 | +104.5% |
3 Bedrooms | 79 | 137 | +73.4% |
4 Bedrooms | 40 | 68 | +70.0% |
5+ Bedrooms | 15 | 33 | +120.0% |
Summary: The Teller County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 62.5%, 2 bedroom homes increased by 104.5%, 3 bedroom homes increased by 73.4%, 4 bedroom homes increased by 70%, and 5+ bedroom homes increased by 120%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 21 | +600.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Teller County in April 2024, up by 600.0% month-over-month. Of the 21 sold homes, 43% were sold under asking, 33% were sold at asking, and 24% were sold over asking.
Days on Market for Teller County, CO
How long does it take to sell a home in Teller County, CO?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 50 Days | +32.3% |
Summary: Homes in Teller County had an average of 50 days on market in Apr 2024, up by 32.3% compared to last month.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Teller County; 62% 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.