$10,000 Closing Credit*
$1,680,000
1,038 SqFt
2 Beds
•2 Baths
Jason Buszta, Listing Office: Alpine Outposts LLC
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 Buyer's Market.
Key Takeaway
Alma is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alma, CO
How much do homes in Alma, CO cost?
Median Sold Price
$775,000
$360/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$25,000(-3.1%)
Key Takeaway
Homes in Alma have sold for 3.1% less than they did a month ago.
Summary: The median home sold price in Alma was $775,000 in October 2024, down 3.1% from last month, and the median price per square foot was $360.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $775K | N/A |
| 3 Bedrooms | $696.2K | $1.0M | +47.2% |
| 4 Bedrooms | $1.0M | $775K | -24.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Alma housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 47.2%, 4 bedroom homes decreased by 24.4%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 27 | -3.6% |
Summary: The Alma real estate market had 27 homes for sale in October 2024, a 3.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Alma housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
6 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. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Alma in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 165 Days | 54 Days | -67.3% |
Summary: Homes in Alma had an average of 54 days on market in Oct 2024, down by 67.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alma are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Alma; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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