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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carmody is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Carmody was a Buyer's Market.

Key Takeaway

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

Housing Prices in Carmody, CO

How much do homes in Carmody, CO cost?

Median Sold Price

$627,500

$313/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$48,000(+8.3%)

Key Takeaway

Homes in Carmody have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Carmody was $627,500 in October 2024, up 8.3% from last year, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $445K$435K
-2.2%
3 $581.5K$620K
+6.6%
4 $603K$685K
+13.6%
5+ $721.8K$735K
+1.8%

Summary: Carmody housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 1.8%.

Housing Supply in Carmody, CO

How many homes are available in Carmody, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2835+25.0%

Summary: The Carmody real estate market had 35 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 78
+14.3%
4 1517
+13.3%
5+ 36
+100.0%

Summary: The Carmody 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 33.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
311+266.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carmody, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Carmody in October 2024, up by 266.7% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.

Days on Market for Carmody, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days41 Days+197.4%

Summary: Homes in Carmody had an average of 41 days on market in Oct 2024, up by 197.4% compared to last year.

Breakdown of Home Sale Times

6 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 Carmody are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in Carmody; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% 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 22 Days Ago

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