Is Tallyn's Reach, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tallyn's Reach is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Tallyn's Reach was a Seller's Market.

Key Takeaway

Tallyn's Reach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Tallyn's Reach, CO

How much do homes in Tallyn's Reach, CO cost?

Median Sold Price

$825,000

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+3.1%)

Key Takeaway

Homes in Tallyn's Reach have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Tallyn's Reach was $825,000 in November 2024, up 3.1% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $675K$679.9K
+0.7%
4 $800K$760K
-5.0%
5+ $838K$885K
+5.6%

Summary: Tallyn's Reach 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 did not change, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 5.6%.

Median Sold Price Compared To Nearby Neighborhoods

Wheatlands
+8.3%
Heritage Eagle Bend
+7.7%
Tallyn's Reach
+3.1%

Housing Supply in Tallyn's Reach, CO

How many homes are available in Tallyn's Reach, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2628+7.7%

Summary: The Tallyn's Reach real estate market had 28 homes for sale in November 2024, a 7.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 57
+40.0%
4 812
+50.0%
5+ 139
-30.8%

Summary: The Tallyn's Reach 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 increased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 30.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tallyn's Reach, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Tallyn's Reach in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Tallyn's Reach, CO

How long does it take to sell a home in Tallyn's Reach, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
11 Days28 Days+144.7%

Summary: Homes in Tallyn's Reach had an average of 28 days on market in Nov 2024, up by 144.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Tallyn's Reach; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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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