$325,000
4.63 Acres
Land
Carla Green, Listing Office: RE/MAX Properties Of The Summit
Is Alma, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Alma was a Seller's Market.
Key Takeaway
Alma is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Alma, CO
How much do homes in Alma, CO cost?
Median Sold Price
$500,000
$374/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$275,000(-35.5%)
Key Takeaway
Homes in Alma have sold for 35.5% less than they did a month ago.
Summary: The median home sold price in Alma was $500,000 in November 2024, down 35.5% from last month, and the median price per square foot was $374.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $775K | $477.5K | -38.4% |
| 3 Bedrooms | $1.0M | - | N/A |
| 4 Bedrooms | $775K | $1.1M | +45.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Alma housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 38.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 45.2%, and 5+ bedroom homes did not change.
Housing Supply in Alma, CO
How many homes are available in Alma, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 20 | -25.9% |
Summary: The Alma real estate market had 20 homes for sale in November 2024, a 25.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 13 | 8 | -38.5% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Alma housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 38.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Alma, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Alma in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Alma, CO
How long does it take to sell a home in Alma, CO?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 44 Days | -18.5% |
Summary: Homes in Alma had an average of 44 days on market in Nov 2024, down by 18.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Alma has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Alma; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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