$10,000 Closing Credit*
$949,000
2,592 SqFt
4 Beds
•2 Baths
Alan Rodriguez, Listing Office: Fathom Realty Colorado LLC
Is Hale, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hale was a Seller's Market.
Key Takeaway
Hale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hale, CO
How much do homes in Hale, CO cost?
Median Sold Price
$700,000
$418/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$42,500(-5.7%)
Key Takeaway
Homes in Hale have sold for 5.7% less than they did a year ago.
Summary: The median home sold price in Hale was $700,000 in October 2024, down 5.7% from last year, and the median price per square foot was $418.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $255K | 0.0% |
| 2 Bedrooms | $385K | $462.5K | +20.1% |
| 3 Bedrooms | $802.5K | $800K | -0.3% |
| 4 Bedrooms | $1.0M | $937.5K | -7.4% |
| 5+ Bedrooms | $1.3M | $1.6M | +28.1% |
Summary: Hale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.1%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 28.1%.
Housing Supply in Hale, CO
How many homes are available in Hale, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 71 | 78 | +9.9% |
Summary: The Hale real estate market had 78 homes for sale in October 2024, a 9.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 26 | +18.2% |
| 2 Bedrooms | 21 | 23 | +9.5% |
| 3 Bedrooms | 20 | 21 | +5.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Hale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hale, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Hale in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Hale, CO
How long does it take to sell a home in Hale, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 56 Days | +239.8% |
Summary: Homes in Hale had an average of 56 days on market in Oct 2024, up by 239.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hale are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Hale; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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