Is La Salle, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Salle is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, La Salle was a Buyer's Market.

Key Takeaway

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

Housing Prices in La Salle, CO

How much do homes in La Salle, CO cost?

Median Sold Price

$434,950

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$50,050(-10.3%)

Key Takeaway

Homes in La Salle have sold for 10.3% less than they did a year ago.

Summary: The median home sold price in La Salle was $434,950 in October 2024, down 10.3% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $360K$365K
+1.4%
3 $450K$452.5K
+0.6%
4 $639K$412.5K
-35.4%
5+ $625K$507.5K
-18.8%

Summary: La Salle 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 1.4%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 35.4%, and 5+ bedroom homes decreased by 18.8%.

Median Sold Price Compared To Nearby Cities

La Salle-Gilcrest
0.1%
La Salle
-10.3%

Housing Supply in La Salle, CO

How many homes are available in La Salle, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2120-4.8%

Summary: The La Salle real estate market had 20 homes for sale in October 2024, a 4.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 76
-14.3%
4 1010
0.0%
5+ 33
0.0%

Summary: The La Salle 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
770.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Salle, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in La Salle in October 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for La Salle, CO

How long does it take to sell a home in La Salle, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days55 Days+243.8%

Summary: Homes in La Salle had an average of 55 days on market in Oct 2024, up by 243.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in La Salle has remained consistent over time.

Summary: During October 2024, 7 homes were sold in La Salle; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% 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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