Is Kersey-Gill, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kersey-Gill is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Kersey-Gill was a Buyer's Market.

Key Takeaway

Kersey-Gill is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Kersey-Gill, CO

How much do homes in Kersey-Gill, CO cost?

Median Sold Price

$480,000

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,625(+5.6%)

Key Takeaway

Homes in Kersey-Gill have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Kersey-Gill was $480,000 in November 2024, up 5.6% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $300K$387.5K
+29.2%
3 $440K$419K
-4.8%
4 $495K$448.5K
-9.4%
5+ $703.5K$702K
-0.2%

Summary: Kersey-Gill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.2%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes decreased by 0.2%.

Housing Supply in Kersey-Gill, CO

How many homes are available in Kersey-Gill, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2125+19.0%

Summary: The Kersey-Gill real estate market had 25 homes for sale in November 2024, a 19.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 109
-10.0%
4 26
+200.0%
5+ 45
+25.0%

Summary: The Kersey-Gill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kersey-Gill, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Kersey-Gill in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Kersey-Gill, CO

How long does it take to sell a home in Kersey-Gill, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days23 Days+43.8%

Summary: Homes in Kersey-Gill had an average of 23 days on market in Nov 2024, up by 43.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kersey-Gill are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Kersey-Gill; 75% of homes were sold within 30 days, 25% 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 17 Days Ago

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