$10,000 Closing Credit*
$1,799,000
4,100 SqFt
5 Beds
•1 Full Bath, 5 Partial
Christel Doremieux, Listing Office: HomeSmart
Is Wellshire, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Wellshire was a Buyer's Market.
Key Takeaway
Wellshire is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wellshire, CO
How much do homes in Wellshire, CO cost?
Median Sold Price
$1,312,500
$430/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$70,000(+5.6%)
Key Takeaway
Homes in Wellshire have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Wellshire was $1,312,500 in November 2024, up 5.6% from last year, and the median price per square foot was $430.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $600K | $533K | -11.2% |
| 3 Bedrooms | $794.5K | $772.2K | -2.8% |
| 4 Bedrooms | $1.2M | $1.4M | +18.5% |
| 5+ Bedrooms | $1.8M | $1.7M | -7.0% |
Summary: Wellshire 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 11.2%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes decreased by 7%.
Housing Supply in Wellshire, CO
How many homes are available in Wellshire, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Summary: The Wellshire real estate market had 15 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Wellshire 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 50%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wellshire, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Wellshire in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Wellshire, CO
How long does it take to sell a home in Wellshire, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 41 Days | +726.7% |
Summary: Homes in Wellshire had an average of 41 days on market in Nov 2024, up by 726.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wellshire has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Wellshire; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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