Comprehensive market data and analysis
We're showing Colorado County statistics below to give you a broader market picture. As more transactions occur in Lazear, Colorado, we'll update with specific local data.
View nearby areas with more activity:
18.9 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Lazear, Colorado | ||||||
The median price for land in the Colorado area is currently $43K per acre. For a typical parcel, the median sale price is $115K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $16K while premium lots reached $658K.
the Colorado area is currently a strong buyer's market with 18.9 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 21.0% year-over-year.
the Colorado area currently has 18.9 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in the Colorado area is 5.3% (3-month basis), indicating slow demand. With depreciating values (-21.0% YoY), buyers may find value opportunities. The top-performing broker in this market is Code of the West Real Estate LLC.
There are currently 9,279 active listings in the Colorado area. 2,125 new listings have hit the market in the last 90 days. The median asking price is $148K.
The 3-month absorption rate in the Colorado area is 5.3%. The 12-month rate is 6.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in the Colorado area typically sells within 156 days of listing. The median time on market is 88 days. Properties are moving slowly in the current strong buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
