Is Byers, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Byers is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Byers was a Neutral Market.

Key Takeaway

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

Housing Prices in Byers, CO

How much do homes in Byers, CO cost?

Median Sold Price

$425,000

$266/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$925,000(-68.5%)

Key Takeaway

Homes in Byers have sold for 68.5% less than they did a month ago.

Summary: The median home sold price in Byers was $425,000 in November 2024, down 68.5% from last month, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$190K
N/A
2 --
N/A
3 $619.9K-
N/A
4 $1.3M$660K
-51.1%
5+ --
N/A

Summary: Byers housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 51.1%, and 5+ bedroom homes did not change.

Housing Supply in Byers, CO

How many homes are available in Byers, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1918-5.3%

Summary: The Byers real estate market had 18 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 33
0.0%
4 109
-10.0%
5+ 44
0.0%

Summary: The Byers 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 remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Byers, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Byers in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Byers, CO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
68 Days158 Days+130.1%

Summary: Homes in Byers had an average of 158 days on market in Nov 2024, up by 130.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Byers has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Byers; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

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Based on information from REColorado for the period 10/01/2024 - 12/01/2024

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Last updated on: 12/21/2024, 11:12:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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