$4,038 Closing Credit*
$340,000
792 SqFt
2 Beds
•1 Full Bath
Sage Greising, Listing Office: Timber Wolf Realty Inc
Is Fairplay, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fairplay was a Buyer's Market.
Key Takeaway
Fairplay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fairplay, CO
How much do homes in Fairplay, CO cost?
Median Sold Price
$680,000
$335/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$35,000(-4.9%)
Key Takeaway
Homes in Fairplay have sold for 4.9% less than they did a month ago.
Summary: The median home sold price in Fairplay was $680,000 in October 2024, down 4.9% from last month, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $465K | +55.0% |
| 2 Bedrooms | $703.2K | $646K | -8.1% |
| 3 Bedrooms | $808.5K | $741K | -8.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $680K | N/A |
Summary: Fairplay housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 55%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Fairplay, CO
How many homes are available in Fairplay, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 99 | 98 | -1.0% |
Summary: The Fairplay real estate market had 98 homes for sale in October 2024, a 1.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 18 | 16 | -11.1% |
| 3 Bedrooms | 60 | 58 | -3.3% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Fairplay housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 17 | +142.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fairplay, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Fairplay in October 2024, up by 142.9% month-over-month. Of the 17 sold homes, 71% were sold under asking, 24% were sold at asking, and 6% were sold over asking.
Days on Market for Fairplay, CO
How long does it take to sell a home in Fairplay, CO?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 100 Days | +118.8% |
Summary: Homes in Fairplay had an average of 100 days on market in Oct 2024, up by 118.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fairplay has remained consistent over time.
Summary: During October 2024, 17 homes were sold in Fairplay; 12% of homes were sold within 30 days, 65% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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