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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Veta is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, La Veta has remained a Buyer's Market.

Key Takeaway

La Veta is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in La Veta, CO

How much do homes in La Veta, CO cost?

Median Sold Price

$582,500

$271/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$17,500(-2.9%)

Key Takeaway

Homes in La Veta have sold for 2.9% less than they did a month ago.

Summary: The median home sold price in La Veta was $582,500 in October 2024, down 2.9% from last month, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $600K-
N/A
3 -$535K
N/A
4 $559K$630K
+12.7%
5+ $850K-
N/A

Summary: La Veta housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes did not change.

Housing Supply in La Veta, CO

How many homes are available in La Veta, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2926-10.3%

Summary: The La Veta real estate market had 26 homes for sale in October 2024, a 10.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 32
-33.3%
3 1010
0.0%
4 1110
-9.1%
5+ 32
-33.3%

Summary: The La Veta 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Veta, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in La Veta in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for La Veta, CO

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

Average Sale Time

Sep 2024Oct 2024CHANGE
151 Days94 Days-37.6%

Summary: Homes in La Veta had an average of 94 days on market in Oct 2024, down by 37.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in La Veta; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

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MLS Disclaimers and Copyright

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Last updated on: 11/5/2024, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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