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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Collbran is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Collbran was a Buyer's Market.

Key Takeaway

Collbran is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Collbran, CO

How much do homes in Collbran, CO cost?

Median Sold Price

$730,000

$327/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$370,000(+102.8%)

Key Takeaway

Homes in Collbran have sold for 102.8% more than they did a month ago.

Summary: The median home sold price in Collbran was $730,000 in November 2024, up 102.8% from last month, and the median price per square foot was $327.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $360K$730K
+102.8%
4 --
N/A
5+ --
N/A

Summary: Collbran 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 increased by 102.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Collbran, CO

How many homes are available in Collbran, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1413-7.1%

Summary: The Collbran real estate market had 13 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 98
-11.1%
4 11
0.0%
5+ 22
0.0%

Summary: The Collbran 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 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Collbran, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Collbran in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Collbran, CO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
155 Days85 Days-45.2%

Summary: Homes in Collbran had an average of 85 days on market in Nov 2024, down by 45.2% 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 Collbran has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Collbran; 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 17 Days Ago

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