Is Belcaro / Polo Club, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belcaro / Polo Club is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Belcaro / Polo Club was a Seller's Market.

Key Takeaway

Belcaro / Polo Club is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Belcaro / Polo Club, CO

How much do homes in Belcaro / Polo Club, CO cost?

Median Sold Price

$1,550,000

$523/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$150,000(+10.7%)

Key Takeaway

Homes in Belcaro / Polo Club have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Belcaro / Polo Club was $1,550,000 in October 2024, up 10.7% from last year, and the median price per square foot was $523.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $429.5K$542.5K
+26.3%
2 $650K$799.5K
+23.0%
3 $1.0M$999.4K
-4.9%
4 $1.6M$1.6M
-2.1%
5+ $2.8M$2.9M
+3.6%

Summary: Belcaro / Polo Club housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.3%, 2 bedroom homes increased by 23%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 3.6%.

Housing Supply in Belcaro / Polo Club, CO

How many homes are available in Belcaro / Polo Club, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5671+26.8%

Summary: The Belcaro / Polo Club real estate market had 71 homes for sale in October 2024, a 26.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 66
0.0%
2 1118
+63.6%
3 99
0.0%
4 1520
+33.3%
5+ 1518
+20.0%

Summary: The Belcaro / Polo Club 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 63.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belcaro / Polo Club, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Belcaro / Polo Club in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Belcaro / Polo Club, CO

How long does it take to sell a home in Belcaro / Polo Club, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days42 Days+174.2%

Summary: Homes in Belcaro / Polo Club had an average of 42 days on market in Oct 2024, up by 174.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Belcaro / Polo Club are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in Belcaro / Polo Club; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 21 Days Ago

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