$8,313 Closing Credit*
$700,000
786 SqFt
2 Beds
•2 Full Baths
Derrick Fowler, Listing Office: Derrick Fowler
Is Dillon, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Dillon was a Neutral Market.
Key Takeaway
Dillon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dillon, CO
How much do homes in Dillon, CO cost?
Median Sold Price
$835,000
$748/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$142,500(-14.6%)
Key Takeaway
Homes in Dillon have sold for 14.6% less than they did a month ago.
Summary: The median home sold price in Dillon was $835,000 in October 2024, down 14.6% from last month, and the median price per square foot was $748.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $595K | $580K | -2.5% |
| 2 Bedrooms | $765K | $781K | +2.1% |
| 3 Bedrooms | $1.1M | $1.1M | +7.8% |
| 4 Bedrooms | $1.6M | - | N/A |
| 5+ Bedrooms | $1.7M | $1.8M | +5.7% |
Summary: Dillon housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 2.5%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 7.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 5.7%.
Housing Supply in Dillon, CO
How many homes are available in Dillon, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 118 | 117 | -0.8% |
Summary: The Dillon real estate market had 117 homes for sale in October 2024, a 0.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 25 | 28 | +12.0% |
| 2 Bedrooms | 43 | 40 | -7.0% |
| 3 Bedrooms | 26 | 29 | +11.5% |
| 4 Bedrooms | 14 | 11 | -21.4% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Dillon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12%, 2 bedroom homes decreased by 7%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 25 | +25.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dillon, you may be able to get a good deal. 76% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Dillon in October 2024, up by 25.0% month-over-month. Of the 25 sold homes, 76% were sold under asking, 16% were sold at asking, and 8% were sold over asking.
Days on Market for Dillon, CO
How long does it take to sell a home in Dillon, CO?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 88 Days | +63.4% |
Summary: Homes in Dillon had an average of 88 days on market in Oct 2024, up by 63.4% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Dillon are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 25 homes were sold in Dillon; 28% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 48% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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