Is Estes Park, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Estes Park is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Estes Park was a Seller's Market.

Key Takeaway

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

Housing Prices in Estes Park, CO

How much do homes in Estes Park, CO cost?

Median Sold Price

$696,333

$402/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$3,666(-0.5%)

Key Takeaway

Homes in Estes Park have sold for 0.5% less than they did a year ago.

Summary: The median home sold price in Estes Park was $696,333 in November 2024, down 0.5% from last year, and the median price per square foot was $402.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $348.5K$385.6K
+10.7%
2 $518.5K$529.5K
+2.1%
3 $730K$749K
+2.6%
4 $964.5K$992.5K
+2.9%
5+ $1.1M$956K
-13.1%

Summary: Estes Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 13.1%.

Housing Supply in Estes Park, CO

How many homes are available in Estes Park, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
141157+11.3%

Summary: The Estes Park real estate market had 157 homes for sale in November 2024, a 11.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1518
+20.0%
2 3235
+9.4%
3 4954
+10.2%
4 3136
+16.1%
5+ 1414
0.0%

Summary: The Estes Park 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 9.4%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1822+22.2%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Estes Park, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Estes Park in November 2024, up by 22.2% month-over-month. Of the 22 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.

Days on Market for Estes Park, CO

How long does it take to sell a home in Estes Park, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days75 Days+36.2%

Summary: Homes in Estes Park had an average of 75 days on market in Nov 2024, up by 36.2% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 22 homes were sold in Estes Park; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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 20 Days Ago

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