Is Peyton, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Peyton was a Seller's Market.
Housing Prices in Peyton, CO
How much do homes in Peyton, CO cost?
Median Sold Price
$550,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Peyton was $550,000 in May 2024, down 3.8% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $470K | $505K | +7.4% |
4 Bedrooms | $530K | $535K | +0.9% |
5+ Bedrooms | $670K | $660K | -1.5% |
Summary: Peyton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 1.5%.
Median Sold Price Compared To Nearby Cities
Colorado Springs | $475K | $475K | 0.0% |
Elsmere | $474.9K | $469K | -1.2% |
Black Forest-Peyton | $716.1K | $706.3K | -1.4% |
Peyton | $572K | $550K | -3.8% |
Housing Supply in Peyton, CO
How many homes are available in Peyton, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
103 | 169 | +64.1% |
Summary: The Peyton real estate market had 169 homes for sale in May 2024, a 64.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 30 | 44 | +46.7% |
4 Bedrooms | 26 | 44 | +69.2% |
5+ Bedrooms | 44 | 75 | +70.5% |
Summary: The Peyton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 46.7%, 4 bedroom homes increased by 69.2%, and 5+ bedroom homes increased by 70.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 14 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Peyton in May 2024, up by 75.0% month-over-month. Of the 14 sold homes, 29% were sold under asking, 50% were sold at asking, and 21% were sold over asking.
Days on Market for Peyton, CO
How long does it take to sell a home in Peyton, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
44 Days | 16 Days | -62.9% |
Summary: Homes in Peyton had an average of 16 days on market in May 2024, down by 62.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Peyton; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.