$2,018 Closing Credit*
$169,900
637 SqFt
1 Bed
•1 Bath
Trudy Hentges, Listing Office: Sheldon Properties, LLC
Is Pine, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Pine has remained a Buyer's Market.
Key Takeaway
Pine is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pine, CO
How much do homes in Pine, CO cost?
Median Sold Price
$732,000
$323/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,400(+3.4%)
Key Takeaway
Homes in Pine have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Pine was $732,000 in November 2024, up 3.4% from last year, and the median price per square foot was $323.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $420K | +95.3% |
| 2 Bedrooms | $509K | $505K | -0.8% |
| 3 Bedrooms | $715K | $620K | -13.3% |
| 4 Bedrooms | $715K | $1.0M | +41.1% |
| 5+ Bedrooms | - | $900K | N/A |
Summary: Pine housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 95.3%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 41.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bailey | $555K | $575K | +3.6% |
| Pine | $707.6K | $732K | +3.4% |
| South Jefferson | $956.5K | $903.2K | -5.6% |
| Conifer | $855K | $800K | -6.4% |
Housing Supply in Pine, CO
How many homes are available in Pine, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 43 | -12.2% |
Summary: The Pine real estate market had 43 homes for sale in November 2024, a 12.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 21 | 17 | -19.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Pine housing inventory by bedroom type for November 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 decreased by 19%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pine, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Pine in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Pine, CO
How long does it take to sell a home in Pine, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 66 Days | +187.7% |
Summary: Homes in Pine had an average of 66 days on market in Nov 2024, up by 187.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Pine are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 6 homes were sold in Pine; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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