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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Divide is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Divide was a Neutral 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

$557,500

$280/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+3.7%)

Key Takeaway

Homes in Divide have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Divide was $557,500 in November 2024, up 3.7% from last year, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $115K$327K
+184.3%
2 $505K$387.5K
-23.3%
3 $522.5K$542K
+3.7%
4 $589.9K$659.2K
+11.8%
5+ $1.3M$987.5K
-29.0%

Summary: Divide housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 184.3%, 2 bedroom homes decreased by 23.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 29%.

Median Sold Price Compared To Nearby Cities

Woodland Park
+18.1%
Divide
+3.7%
Florissant
-6.9%

Housing Supply in Divide, CO

How many homes are available in Divide, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
330358+8.5%

Summary: The Divide real estate market had 358 homes for sale in November 2024, a 8.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1012
+20.0%
2 4349
+14.0%
3 148160
+8.1%
4 8888
0.0%
5+ 4149
+19.5%

Summary: The Divide housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 8.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 19.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2028+40.0%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Divide, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Divide in November 2024, up by 40.0% month-over-month. Of the 28 sold homes, 75% were sold under asking, 21% were sold at asking, and 4% 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

Nov 2023Nov 2024CHANGE
19 Days60 Days+212.0%

Summary: Homes in Divide had an average of 60 days on market in Nov 2024, up by 212% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Divide has remained consistent over time.

Summary: During November 2024, 28 homes were sold in Divide; 32% of homes were sold within 30 days, 50% 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 17 Days Ago

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