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 seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Belcaro / Polo Club is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Belcaro / Polo Club, CO

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

Median Sold Price

$1,552,250

$522/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,250(+0.3%)

Key Takeaway

The sold price of homes in Belcaro / Polo Club has remained the same since last year.

Summary: The median home sold price in Belcaro / Polo Club was $1,552,250 in November 2024, up 0.3% from last year, and the median price per square foot was $522.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $390K$525K
+34.6%
2 $650K$691.2K
+6.3%
3 $995K$1.0M
+2.0%
4 $1.7M$1.7M
-4.2%
5+ $2.6M$2.9M
+7.9%

Summary: Belcaro / Polo Club housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.6%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 7.9%.

Housing Supply in Belcaro / Polo Club, CO

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6459-7.8%

Summary: The Belcaro / Polo Club real estate market had 59 homes for sale in November 2024, a 7.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 66
0.0%
2 1515
0.0%
3 84
-50.0%
4 1818
0.0%
5+ 1716
-5.9%

Summary: The Belcaro / Polo Club 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 5.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 90% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Belcaro / Polo Club in November 2024, up by 11.1% month-over-month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% 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

Nov 2023Nov 2024CHANGE
5 Days45 Days+806.0%

Summary: Homes in Belcaro / Polo Club had an average of 45 days on market in Nov 2024, up by 806% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

6 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 Belcaro / Polo Club has remained consistent over time.

Summary: During November 2024, 10 homes were sold in Belcaro / Polo Club; 30% of homes were sold within 30 days, 60% 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 21 Days Ago

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