Is Bear Creek, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bear Creek is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Bear Creek was a Seller's Market.

Key Takeaway

Bear Creek 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 Bear Creek, CO

How much do homes in Bear Creek, CO cost?

Median Sold Price

$389,500

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$33,394(+9.4%)

Key Takeaway

Homes in Bear Creek have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Bear Creek was $389,500 in October 2024, up 9.4% from last year, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $301.5K$280K
-7.1%
2 $332.5K$335K
+0.8%
3 $425K$411K
-3.3%
4 $677.5K$692.5K
+2.2%
5+ $1.0M$1.5M
+40.0%

Summary: Bear Creek housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 40%.

Housing Supply in Bear Creek, CO

How many homes are available in Bear Creek, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5960+1.7%

Summary: The Bear Creek real estate market had 60 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 4235
-16.7%
3 1217
+41.7%
4 25
+150.0%
5+ 11
0.0%

Summary: The Bear Creek 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 decreased by 16.7%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1810-44.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bear Creek, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Bear Creek in October 2024, down by 44.4% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.

Days on Market for Bear Creek, CO

How long does it take to sell a home in Bear Creek, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days42 Days+140.0%

Summary: Homes in Bear Creek had an average of 42 days on market in Oct 2024, up by 140% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bear Creek has remained consistent over time.

Summary: During October 2024, 10 homes were sold in Bear Creek; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% 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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