Is Divide, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Divide has remained a Buyer's Market.
Housing Prices in Divide, CO
How much do homes in Divide, CO cost?
Median Sold Price
$628,000
$300/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Divide was $628,000 in May 2024, up 8.8% from last month, and the median price per square foot was $300.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $261K | - | N/A |
2 Bedrooms | $419.5K | $377.2K | -10.1% |
3 Bedrooms | $614.9K | $589K | -4.2% |
4 Bedrooms | $680K | $650K | -4.4% |
5+ Bedrooms | - | $2.3M | N/A |
Summary: Divide housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.1%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes did not change.
Housing Supply in Divide, CO
How many homes are available in Divide, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
214 | 350 | +63.6% |
Summary: The Divide real estate market had 350 homes for sale in May 2024, a 63.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 12 | +33.3% |
2 Bedrooms | 31 | 57 | +83.9% |
3 Bedrooms | 96 | 160 | +66.7% |
4 Bedrooms | 47 | 77 | +63.8% |
5+ Bedrooms | 31 | 44 | +41.9% |
Summary: The Divide housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 83.9%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 63.8%, and 5+ bedroom homes increased by 41.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 27 | +68.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Divide in May 2024, up by 68.8% month-over-month. Of the 27 sold homes, 52% were sold under asking, 26% were sold at asking, and 22% were sold over asking.
Days on Market for Divide, CO
How long does it take to sell a home in Divide, CO?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 Days | 69 Days | +82.0% |
Summary: Homes in Divide had an average of 69 days on market in May 2024, up by 82% compared to last month.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 27 homes were sold in Divide; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.