$189,000
4.08 Acres
Land
Kem Winternitz ALC, Listing Office: Mason & Morse Ranch Co
October 2024
Report Updated 16 Days Ago
Is El Paso County, 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, El Paso County has remained a Buyer's Market.
How much do homes in El Paso County, CO cost?
$490,000
$231/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
Summary: The median home sold price in El Paso County was $490,000 in October 2024, down 2.3% from last month, and the median price per square foot was $231.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $249K | +10.7% |
2 Bedrooms | $370K | $307.9K | -16.8% |
3 Bedrooms | $425K | $422.5K | -0.6% |
4 Bedrooms | $525K | $519.5K | -1.0% |
5+ Bedrooms | $677K | $675K | -0.3% |
Summary: El Paso County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes decreased by 16.8%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 0.3%.
El Paso County | $501.6K | $490K | -2.3% |
Pueblo County | $315K | $261.9K | -16.8% |
How many homes are available in El Paso County, CO?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
3,515 | 4,417 | +25.7% |
Summary: The El Paso County real estate market had 4,417 homes for sale in October 2024, a 25.7% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 56 | 71 | +26.8% |
2 Bedrooms | 442 | 548 | +24.0% |
3 Bedrooms | 1,033 | 1,372 | +32.8% |
4 Bedrooms | 1,115 | 1,358 | +21.8% |
5+ Bedrooms | 869 | 1,068 | +22.9% |
Summary: The El Paso County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 26.8%, 2 bedroom homes increased by 24%, 3 bedroom homes increased by 32.8%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes increased by 22.9%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
285 | 272 | -4.6% |
132 Homes Were Sold
Under Asking
83 Homes Were Sold
At Asking
57 Homes Were Sold
Over Asking
Summary: A total of 272 homes were sold or pending in El Paso County in October 2024, down by 4.6% month-over-month. Of the 272 sold homes, 49% were sold under asking, 31% were sold at asking, and 21% were sold over asking.
How long does it take to sell a home in El Paso County, CO?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
39 Days | 41 Days | +5.1% |
Summary: Homes in El Paso County had an average of 41 days on market in Oct 2024, up by 5.1% compared to last month.
141 Homes Were Sold
Under 30 Days
98 Homes Were Sold
In 30 - 90 Days
33 Homes Were Sold
Over 90 Days
Summary: During October 2024, 272 homes were sold in El Paso County; 52% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 12% 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 16 Days Ago
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