$7,113 Closing Credit*
$599,000
1,932 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jonathan A Prettyman, Listing Office: LPT Realty, LLC
Is Colora, MD 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, Colora has remained a Seller's Market.
Key Takeaway
Colora is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Colora, MD
How much do homes in Colora, MD cost?
Median Sold Price
$452,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$112,000(+32.9%)
Key Takeaway
Homes in Colora have sold for 32.9% more than they did a year ago.
Summary: The median home sold price in Colora was $452,000 in November 2024, up 32.9% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $299.9K | N/A |
| 3 Bedrooms | $340K | $362.4K | +6.6% |
| 4 Bedrooms | $380K | $463.5K | +22.0% |
| 5+ Bedrooms | $288.4K | $668K | +131.6% |
Summary: Colora 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 6.6%, 4 bedroom homes increased by 22%, and 5+ bedroom homes increased by 131.6%.
Median Sold Price Compared To Nearby Cities
| Colora | $340K | $452K | +32.9% |
| Conowingo | $377.5K | $385K | +2.0% |
Housing Supply in Colora, MD
How many homes are available in Colora, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The Colora real estate market had 5 homes for sale in November 2024, a 25.0% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Colora 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 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 Colora, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Colora in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Colora, MD
How long does it take to sell a home in Colora, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 98 Days | 5 Days | -94.9% |
Summary: Homes in Colora had an average of 5 days on market in Nov 2024, down by 94.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Colora are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Colora; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
