Is East Side, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Side is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, East Side was a Neutral Market.

Key Takeaway

East Side is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in East Side, CO

How much do homes in East Side, CO cost?

Median Sold Price

$109,750

$145/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$97,700(-47.1%)

Key Takeaway

Homes in East Side have sold for 47.1% less than they did a month ago.

Summary: The median home sold price in East Side was $109,750 in November 2024, down 47.1% from last month, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$109.7K
N/A
3 $207.4K-
N/A
4 --
N/A
5+ --
N/A

Summary: East Side 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in East Side, CO

How many homes are available in East Side, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1322+69.2%

Summary: The East Side real estate market had 22 homes for sale in November 2024, a 69.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 24
+100.0%
2 57
+40.0%
3 57
+40.0%
4 12
+100.0%
5+ 02
+100.0%

Summary: The East Side housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

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 East Side, 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 East Side in November 2024, the same as the previous 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 East Side, CO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
39 Days145 Days+271.8%

Summary: Homes in East Side had an average of 145 days on market in Nov 2024, up by 271.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in East Side; 50% of homes were sold within 30 days, 0% 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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