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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bear Valley is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Bear Valley has remained a Seller's Market.

Key Takeaway

Bear Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bear Valley, CO

How much do homes in Bear Valley, CO cost?

Median Sold Price

$499,000

$279/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$28,500(-5.4%)

Key Takeaway

Homes in Bear Valley have sold for 5.4% less than they did a year ago.

Summary: The median home sold price in Bear Valley was $499,000 in November 2024, down 5.4% from last year, and the median price per square foot was $279.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $196.5K$195K
-0.8%
2 $286.2K$288.9K
+0.9%
3 $530K$547.5K
+3.3%
4 $589K$595K
+1.0%
5+ $597.5K$655.5K
+9.7%

Summary: Bear Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 9.7%.

Housing Supply in Bear Valley, CO

How many homes are available in Bear Valley, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4745-4.3%

Summary: The Bear Valley real estate market had 45 homes for sale in November 2024, a 4.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 1815
-16.7%
3 812
+50.0%
4 1411
-21.4%
5+ 44
0.0%

Summary: The Bear Valley 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 16.7%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
119-18.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bear Valley, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Bear Valley in November 2024, down by 18.2% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.

Days on Market for Bear Valley, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days41 Days+210.3%

Summary: Homes in Bear Valley had an average of 41 days on market in Nov 2024, up by 210.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bear Valley are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in Bear Valley; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% 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 26 Days Ago

Newest Listings in Bear Valley, CO

Nearby Markets to Bear Valley, CO