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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reunion is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Reunion, CO

How much do homes in Reunion, CO cost?

Median Sold Price

$540,000

$253/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$14,950(-2.7%)

Key Takeaway

Homes in Reunion have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in Reunion was $540,000 in November 2024, down 2.7% from last year, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $440K$424.7K
-3.5%
3 $527.5K$513.1K
-2.7%
4 $592.9K$575K
-3.0%
5+ $614.9K$630K
+2.4%

Summary: Reunion housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 2.4%.

Housing Supply in Reunion, CO

How many homes are available in Reunion, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
154141-8.4%

Summary: The Reunion real estate market had 141 homes for sale in November 2024, a 8.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1611
-31.3%
3 7667
-11.8%
4 3234
+6.3%
5+ 3029
-3.3%

Summary: The Reunion 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 decreased by 31.3%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 3.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2832+14.3%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reunion, you may be able to get a good deal. 59.4% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Reunion in November 2024, up by 14.3% month-over-month. Of the 32 sold homes, 59% were sold under asking, 34% were sold at asking, and 6% were sold over asking.

Days on Market for Reunion, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days51 Days+31.3%

Summary: Homes in Reunion had an average of 51 days on market in Nov 2024, up by 31.3% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Reunion has remained consistent over time.

Summary: During November 2024, 32 homes were sold in Reunion; 38% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 16% 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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