Is Allenspark Vicinity, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Allenspark Vicinity is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Allenspark Vicinity was a Seller's Market.

Key Takeaway

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

Housing Prices in Allenspark Vicinity, CO

How much do homes in Allenspark Vicinity, CO cost?

Median Sold Price

$550,000

$395/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$43,800(+8.7%)

Key Takeaway

Homes in Allenspark Vicinity have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Allenspark Vicinity was $550,000 in October 2024, up 8.7% from last year, and the median price per square foot was $395.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $337.5K$280K
-17.0%
2 $499.5K$495K
-0.9%
3 $647.5K$630K
-2.7%
4 $925K$704.1K
-23.9%
5+ -$1.1M
N/A

Summary: Allenspark Vicinity housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 23.9%, and 5+ bedroom homes did not change.

Housing Supply in Allenspark Vicinity, CO

How many homes are available in Allenspark Vicinity, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
20200.0%

Summary: The Allenspark Vicinity real estate market had 20 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 54
-20.0%
2 107
-30.0%
3 23
+50.0%
4 22
0.0%
5+ 14
+300.0%

Summary: The Allenspark Vicinity housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Allenspark Vicinity, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Allenspark Vicinity in October 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Allenspark Vicinity, CO

How long does it take to sell a home in Allenspark Vicinity, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days114 Days+118.4%

Summary: Homes in Allenspark Vicinity had an average of 114 days on market in Oct 2024, up by 118.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Allenspark Vicinity are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Allenspark Vicinity; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 16 Days Ago

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