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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Horseshoe Park is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Horseshoe Park has remained a Seller's Market.

Key Takeaway

Horseshoe Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Horseshoe Park, CO

How much do homes in Horseshoe Park, CO cost?

Median Sold Price

$416,500

$305/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$32,500(-7.2%)

Key Takeaway

Homes in Horseshoe Park have sold for 7.2% less than they did a year ago.

Summary: The median home sold price in Horseshoe Park was $416,500 in August 2024, down 7.2% from last year, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 -$177K
N/A
2 $318.5K$309.5K
-2.8%
3 $460K$426K
-7.4%
4 $501K$467.5K
-6.7%
5+ --
N/A

Summary: Horseshoe Park housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes did not change.

Housing Supply in Horseshoe Park, CO

How many homes are available in Horseshoe Park, CO?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
2737+37.0%

Summary: The Horseshoe Park real estate market had 37 homes for sale in August 2024, a 37.0% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 32
-33.3%
2 58
+60.0%
3 712
+71.4%
4 912
+33.3%
5+ 33
0.0%

Summary: The Horseshoe Park housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 71.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Horseshoe Park, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Horseshoe Park in August 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for Horseshoe Park, CO

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

Average Sale Time

Aug 2023Aug 2024CHANGE
12 Days34 Days+172.9%

Summary: Homes in Horseshoe Park had an average of 34 days on market in Aug 2024, up by 172.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 7 homes were sold in Horseshoe Park; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% 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 27 Days Ago

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Based on information from REColorado for the period 09/01/2022 - 09/01/2024

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Last updated on: 9/28/2024, 2:12:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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