Penrose, CO
Housing market overview · Updated weekly
$522,500median sale price
Homes sold
4
Last 12 weeks
Days on market
188
Average pace
Active listings
18
4.5 months supply
Sale-to-list
97.3%
Below asking
The Penrose housing market is currently classified as a leaning buyer's with a median sale price of $522,500. Prices have risen 34.0% compared to last year, with homes spending an average of 188 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Penrose?
The median home sale price in Penrose is $522,500, up 34.0% from last year.
How long do homes stay on market in Penrose?
Homes typically spend 188 days on market before going under contract.
Is Penrose a buyer's or seller's market?
With 4.5 months of supply, Penrose is currently a leaning buyer's.
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