Is Plum Creek, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plum Creek is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Plum Creek was a Neutral Market.

Key Takeaway

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

Housing Prices in Plum Creek, CO

How much do homes in Plum Creek, CO cost?

Median Sold Price

$560,500

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$117,050(-17.3%)

Key Takeaway

Homes in Plum Creek have sold for 17.3% less than they did a year ago.

Summary: The median home sold price in Plum Creek was $560,500 in October 2024, down 17.3% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $389.9K$393.9K
+1.0%
3 $595K$560.5K
-5.8%
4 $892K$650.5K
-27.1%
5+ $831.5K$850K
+2.2%

Summary: Plum Creek housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 27.1%, and 5+ bedroom homes increased by 2.2%.

Housing Supply in Plum Creek, CO

How many homes are available in Plum Creek, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3127-12.9%

Summary: The Plum Creek real estate market had 27 homes for sale in October 2024, a 12.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1210
-16.7%
4 98
-11.1%
5+ 42
-50.0%

Summary: The Plum Creek 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 increased by 16.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plum Creek, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Plum Creek in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Plum Creek, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days39 Days+256.1%

Summary: Homes in Plum Creek had an average of 39 days on market in Oct 2024, up by 256.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Plum Creek; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 16 Days Ago

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