Is Deer Trail, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Deer Trail is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Deer Trail has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Deer Trail, CO

How much do homes in Deer Trail, CO cost?

Median Sold Price

$377,500

$259/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$82,500(-17.9%)

Key Takeaway

Homes in Deer Trail have sold for 17.9% less than they did a month ago.

Summary: The median home sold price in Deer Trail was $377,500 in October 2024, down 17.9% from last month, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $349.9K$352.2K
+0.7%
3 $500K$377.5K
-24.5%
4 --
N/A
5+ $520K-
N/A

Summary: Deer Trail housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes decreased by 24.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Deer Trail, CO

How many homes are available in Deer Trail, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2622-15.4%

Summary: The Deer Trail real estate market had 22 homes for sale in October 2024, a 15.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 108
-20.0%
3 1010
0.0%
4 43
-25.0%
5+ 21
-50.0%

Summary: The Deer Trail 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 decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deer Trail, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Deer Trail in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Deer Trail, CO

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

Average Sale Time

Sep 2024Oct 2024CHANGE
114 Days29 Days-74.0%

Summary: Homes in Deer Trail had an average of 29 days on market in Oct 2024, down by 74% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Deer Trail are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Deer Trail; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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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