$7,303 Closing Credit*
$615,000
1,881 SqFt
3 Beds
•2 Full Baths
Oscar Ibarra, Listing Office: Keller Williams Realty Downtown LLC
Is Bailey, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bailey has remained a Seller's Market.
Key Takeaway
Bailey is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bailey, CO
How much do homes in Bailey, CO cost?
Median Sold Price
$575,000
$330/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+3.6%)
Key Takeaway
Homes in Bailey have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Bailey was $575,000 in November 2024, up 3.6% from last year, and the median price per square foot was $330.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $370.5K | $235K | -36.6% |
| 2 Bedrooms | $457.5K | $401.2K | -12.3% |
| 3 Bedrooms | $584.9K | $631.5K | +8.0% |
| 4 Bedrooms | $630K | $699K | +11.0% |
| 5+ Bedrooms | $698K | $759.1K | +8.8% |
Summary: Bailey housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.6%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 8.8%.
Median Sold Price Compared To Nearby Cities
| Evergreen | $894.2K | $949.4K | +6.2% |
| Bailey | $555K | $575K | +3.6% |
| Pine | $707.6K | $732K | +3.4% |
| South Jefferson | $956.5K | $903.2K | -5.6% |
Housing Supply in Bailey, CO
How many homes are available in Bailey, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 83 | 75 | -9.6% |
Summary: The Bailey real estate market had 75 homes for sale in November 2024, a 9.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 21 | 17 | -19.0% |
| 3 Bedrooms | 37 | 34 | -8.1% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Bailey housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 19%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bailey, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Bailey in November 2024, up by 41.7% month-over-month. Of the 17 sold homes, 53% were sold under asking, 24% were sold at asking, and 24% were sold over asking.
Days on Market for Bailey, CO
How long does it take to sell a home in Bailey, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 76 Days | +205.4% |
Summary: Homes in Bailey had an average of 76 days on market in Nov 2024, up by 205.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bailey are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Bailey; 41% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.
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