Is Marston, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marston is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Marston, CO

How much do homes in Marston, CO cost?

Median Sold Price

$460,000

$335/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$36,000(-7.3%)

Key Takeaway

Homes in Marston have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in Marston was $460,000 in November 2024, down 7.3% from last year, and the median price per square foot was $335.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $251.2K$296.4K
+18.0%
2 $384.4K$365K
-5.1%
3 $595K$578.7K
-2.7%
4 $584K$677.5K
+16.0%
5+ $2.3M$870K
-63.4%

Summary: Marston housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 63.4%.

Housing Supply in Marston, CO

How many homes are available in Marston, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6248-22.6%

Summary: The Marston real estate market had 48 homes for sale in November 2024, a 22.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 97
-22.2%
2 2018
-10.0%
3 1913
-31.6%
4 107
-30.0%
5+ 43
-25.0%

Summary: The Marston housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 31.6%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2112-42.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marston, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Marston in November 2024, down by 42.9% month-over-month. Of the 12 sold homes, 42% were sold under asking, 42% were sold at asking, and 17% were sold over asking.

Days on Market for Marston, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
10 Days35 Days+231.0%

Summary: Homes in Marston had an average of 35 days on market in Nov 2024, up by 231% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in Marston; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% 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 21 Days Ago

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MLS Disclaimers and Copyright

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Last updated on: 12/21/2024, 9:12:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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