$10,000 Closing Credit*
$1,250,000
3,534 SqFt
4 Beds
•2 Full Baths, 2 Partial
Adrienne Seabloom, Listing Office: RE/MAX Advantage Realty, Inc.
Is Divide, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Divide has remained a Buyer's Market.
Key Takeaway
Divide is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Divide, CO
How much do homes in Divide, CO cost?
Median Sold Price
$510,000
$260/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$90,000(-15.0%)
Key Takeaway
Homes in Divide have sold for 15% less than they did a month ago.
Summary: The median home sold price in Divide was $510,000 in October 2024, down 15% from last month, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $403K | N/A |
| 2 Bedrooms | $383.5K | $410.1K | +6.9% |
| 3 Bedrooms | $595K | $505K | -15.1% |
| 4 Bedrooms | $700K | $657K | -6.1% |
| 5+ Bedrooms | $950K | $888K | -6.5% |
Summary: Divide 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 6.9%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Green Mountain Falls | $425K | $473.6K | +11.5% |
| Cascade | $622K | $615K | -1.1% |
| Divide | $600K | $510K | -15.0% |
Housing Supply in Divide, CO
How many homes are available in Divide, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 356 | 404 | +13.5% |
Summary: The Divide real estate market had 404 homes for sale in October 2024, a 13.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 13 | +18.2% |
| 2 Bedrooms | 51 | 58 | +13.7% |
| 3 Bedrooms | 159 | 182 | +14.5% |
| 4 Bedrooms | 90 | 98 | +8.9% |
| 5+ Bedrooms | 45 | 53 | +17.8% |
Summary: The Divide housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 17.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 19 | -34.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Divide, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Divide in October 2024, down by 34.5% month-over-month. Of the 19 sold homes, 68% were sold under asking, 16% were sold at asking, and 16% were sold over asking.
Days on Market for Divide, CO
How long does it take to sell a home in Divide, CO?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 60 Days | -8.9% |
Summary: Homes in Divide had an average of 60 days on market in Oct 2024, down by 8.9% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Divide are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in Divide; 37% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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