$3,551 Closing Credit*
$299,000
2,352 SqFt
6 Beds
•2 Full Baths
Donna Metcalf, Listing Office: RURAL AMERICAN REALTY
Is Limon, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Limon has remained a Seller's Market.
Key Takeaway
Limon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Limon, CO
How much do homes in Limon, CO cost?
Median Sold Price
$295,000
$191/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$5,000(-1.7%)
Key Takeaway
Homes in Limon have sold for 1.7% less than they did a month ago.
Summary: The median home sold price in Limon was $295,000 in October 2024, down 1.7% from last month, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110K | - | N/A |
| 3 Bedrooms | $300K | $300K | 0.0% |
| 4 Bedrooms | $600K | $200K | -66.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Limon 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 decreased by 66.7%, and 5+ bedroom homes did not change.
Housing Supply in Limon, CO
How many homes are available in Limon, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Limon real estate market had 17 homes for sale in October 2024, a 6.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Limon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Limon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Limon in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Limon, CO
How long does it take to sell a home in Limon, CO?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 23 Days | +102.9% |
Summary: Homes in Limon had an average of 23 days on market in Oct 2024, up by 102.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Limon are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Limon; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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