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Buena Vista Colorado Home Prices: 2013 at a Glance

By
Real Estate Agent with Bradfield Ramsey Group

Buena Vista Colorado Home Prices: 2013 at a Glance

To study the list to sell ratios and other sales statistics or to look up neighborhood information on your own, go to Buena Vista Colorado Home Prices

Prices 

The over the past 3 years... a recipe for reduced inventory and rising prices. Sure enough, as you can see below, the prices have been steadily increasing since September. 

Homes with

3 Years ago, Buena Vista Home Prices for residential or in-town homes were significantly down. However, in 2012 and 2013, they were up 12%. They have leveled off over the past couple of years. I predict another jump beginning spring 2014.

Buena Vista Home Prices

 

Homes with 1+ Acres (HWA or homes with acreage).

Buena Vista homes with acreage are traditionally higher. Some of the new and  larger homes are included in this group and then you pay for the land.

As you can see, land prices dropped in 2012 but came back up a bit in 2013 .. still not as high as in 2011. Sellers are pricing their homes better and they are selling better. 

Buena Vista Colorado Home Prices

Days on Market

Buena Vista homes are still lagging behind the tipping point of 180 days, the fulcrum between a buyer's market and a seller's market. The trend is changing, however. Homes that are currently under contract have a market time of 122 days. That has happened very recently.

Residential Days on Market

 Buena Vista Colorado Home Prices

Home with Acreage Days on Market

Buena Vista homes with acreage has varied erractically over the past three years. No year, however has been a seller's year yet. In 90% of the country's market, it is a seller's market. We are waiting our turn!

Buena Vista Colorado Home Prices

Inventory

Buena Vista Residential home inventory is increasing. In a seller's market, the inventory decreases. Folks around here are putting their homes on the market again, hoping for better activity.  

Buena vIsta Colorado Home Prices

Buena Vista Homes with Acreage Inventory tells a different story. However, if you look at the actual numbers, the seemingly dramatic change is not significant. I would say the inventory is very slightly lower but not significantly so.

Buena Vista Home Prices

-----------------------------------------------------------Buena Vista Colorado Home Prices for November 2013

Buena Vista Colorado Home Prices for November 2013

 

 

---------------------------------------------------------------Buena Vista Colorado Home Prices up: October 2013 

Buena Vista Home Prices

 

 

 

Over all, Buena Vista is among one of the rural Colorado River towns waiting for their fair share. Spring will be the telling factor for us in the heart of the rockies.

 

 

Buena Vista Colorado Home Prices up: October 2013 

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Buena Vista CO Home Prices for June 2013

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

The number of active listings in Buena Vista (81211) increased by 2.9%from the previous month.

The median number of days active properties have been listed is 116, greatly reduced from a month ago..

 

The number of sales increased by150% from the previous month.

The median Price in Buena Vista is $349,000.

 

Click on the link if you are interested in Homes for Sale in Buena Vista Colorado

                                   Buena Vista CO Home Prices for June 2013

 

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Buena Vista ColoradoBuena Vista Colorado Home Prices for April 2013

More detail on Buena Vista Colorado home prices and neighborhood information
Buena Vista CO homes for Sale
To get to know the area, try the blog post Areas to the North of Salida Colorado: Buena Vista

The median list price in for single family in Buena Vista is$339,000. The list prices dropped by-2.3% from the previous month. The price per square foot for listings in this area is $215Number of solds is up but sale prices have not caught up yet.

 

The median sale price in for single family homes is $245,750. The sale prices increased by 48.93%from the previous month. The price per square foot for sales in this area is $97. As you can tell from the graph, the growth is sporadic, as you can see by the graph. Buena Vista prices are still up and down. 

 

B

 

Buena Vista Colorado Home Prices for April 2013

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Buena Vista Home Prices 12/27/2011

According the to graphs below, Buena Vista Real estate prices have dropped dramatically. What is selling is and has been under 200k for all of 2011 - with a slight upward trend in the past 4 months.

Salida list prices and sale prices have dropped and, from the looks of the graph, are still declining.

Salida Colorado versus Buena Vista Colorado Sold versus Listed

Both areas have very few solds, with Salida in the lead. However, we are having a shrinking of inventory which will help sellers. In both areas, there are only 5 total short sales and 2 foreclosures... the lowest it has been in months. We will see what happens when the banks that serve this area releases the ban on foreclosures over the next few months.

Salida Colorado versus Buena Vista Colorado Market Inventory

 

 

What does this all mean? The market is looking up. Fewer homes are on the market, prices are not falling as fast as they were, and short sales/Bank owned property are at an all time low.

 

Buena Vista Home Prices 12/27/2011

 

Posted by

 

Paula Bradfield, PhD, GRI, EPro, CIAS, CDPE, Realtor
Phone: 719.221.6108 | Email: Paula@InSouthernColorado.com  
Website: SouthernColoradoHomesOnline.com

Keller Williams Performance

Your Salida Colorado Realtor Team

 

 

 

 

Find us on the web!Subscribe to my Blog

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Specializing in homes and land in the Colorado river towns of Salida, Howard, Coaldale, Cotopaxi, Nathrop, Poncha Springs  and Buena Vista, I am here to work for you as you buy or sell your home or land. 

 

It is not just about buying in this area. it is a statement about lifestyle. Our residents generally are active people, whether it involves horses (my passion), white water rafting, cross county or downhill skiing, hiking, mountain biking, or Contra dancing. Some prefer quiet sunrises, strolls through town and time in one of our fabulous coffee shops or restaurants. Whatever the style, folks appreciate this area for its charm and beauty.

 

Want to get more information on available homes or condos in the Central Colorado River Valleys? Go to SouthernColoradoHomesonline to search the area listings by town, zip code or county.

 

Looking for Paula Bradfield?     Let me Google That for You!

 

 

Our Colorado Mountain river communities: A Snapshot

 

Salida ColoradoSalida:  As quoted in the 2004 edition of Outside Magazine, Salida is “Sweetly unpretentious” as they ranked it as one of their “Dream Towns and Adventure Hideouts.” You might agree. Our community of 6,500 (9700 counting the surrounding homes) is surrounded by Forest Service and BLM lands, a haven for bicyclists, campers, folks who love to fish, hikers, skiers, nature photographers and hunters. It is a lovely natural setting with several converging mountain ranges  (We have15 peaks surrounding us that reach over 14,000 feet in elevation).

 We are known for being the Banana Belt of Colorado and this area is known as one of the Colorado River Towns. The Arkansas River winds its way through the Arkansas Valley, through downtown Salida and more; creating an invitation to rafters, kayakers, fishers, and “beach lovers” alike.

 Salida’s charming downtown area had the largest historical downtown district in Colorado. We have blocks and blocks of Victorian and other historic buildings. Because so many folks also come here to play, we have many of the advantages of a smaller resort town: great restaurants, 22 art galleries, fabulous boutiques, outdoor sportswear stores, and an array of shops for music, kitchen, sports, natural foods, children, books, knitters, and quilters.

 

 

 Real Estate in Salida CO

 

Poncha Springs COPoncha Springs: Poncha Springs is a small Salida “bedroom community” (population of 474 but a few thousand when you consider the outlying neighborhoods and ranches). Because it was surrounded  by hot springs (99 nearby) and had a strong early  influence of Spanish culture, the community became known as  Poncho (meaning cape and warmth) Springs. In 1924, the town officially became Poncha Springs.

 

Real Estate in Poncha Springs

 

 Howard ColoradoHoward: Howard, part of what is known as Pleasant Valley, is nestled along the Arkansas River as it snakes its way from Salida to Canon City. Some of the early settlers in the area were prospectors (some still pan for gold in the tributaries of the Arkansas).  Besides gold and silver, rhyolite, travertine, and limestone were sought after. Just a bit north of Howard is a tiny community of Wellsville where the locals used to soak on their time off in the natural hot pools. The area became more populated when the Rio Grande Railroad came through. Today, Howard is a charming, quiet ranch community and “bedroom Community” for folks who work in Salida. Many avid fly fishing folks have 2nd homes here. I love this valley.

 

Real Estate in Howard CO  

 

Coaldale Colorado

 

Coaldale: Coaldale, a tiny community just SE of Howard opens up into a lovely, meadow-like area with many horse properties, ranches, and folks who like the open meadows and surrounding mountains. It got its name from being called Charcoal Valley. In the early days, the Pinon Pines were burnt in beehive kilns to turn them into coals used for the silver smelters in Leadville Co and Pueblo CO. Some of the early kilns can still be seen. Every valley in Coaldale has a creek in it and with just a few minutes drive to the west, you can be on national forest trails. Absolutely lovely community.

 

 Real Estate in Coaldale CO

 

This image can be found at http://www.colorado.com/CotopaxiCotopaxi: Cotopaxi, named after an Ecuadorian Volcano, grew from being a “whistle stop” for the Rio Grande railroad. Now it is known for world class white water rafting and fly fishing. Folks who live around here can commute for work to either Canon City, further east or back to Salida..it is almost midway between the two. Cotopaxi is a great location for vacation/second home or your primary residence if you don’t mind the commute or can work from home.

 

 

 

Real Estate in Cotopaxi CO

 

This image can be found at http://www.sunset.com/travel/rockies/ways-to-warm-up-in-salidaNathrop:  Nathrop, a quiet community north of Salida has always been known as the access point to Mount Princeton Hot Springs. To this day, folks come to soak in the restorative waters. It is my personal favorite in hot springs because the 104-degree water not only comes into the soaking and lap pools but comes out in Chalk Creek, running alongside the pools. I can spend all day there with a book, adjusting the rocks so that the water is neither hot nor cold. Lovely. Many folks choose to live in the area because of access to the hot springs and national forest.

 

 

 

 

Real Estate in Nathrop CO

 

This image can be found at http://www.rockies.com/colorado/city-guides/buena-vista-colorado.htmlBuena Vista: Buena Vista was named after it’s stunning 360-degree views. Folks originally settled here because of the gold mining. Later, families began farming and ranching as they discovered the good soil in the area. The stagecoach and subsequent railroad brought more families to the area. With a population of about 2500 people, the town remains quiet and gracious. It is known as the best kept secret place to stay for folks skiing at the premier resorts near Denver and Aspen…because the town is so friendly and hotel rates are inexpensive. It is a few miles from Cottonwood Creek Hot Springs and Mt. Princeton.

 

Real Estate in Buena Vista Colorado

 

Crestone...beginning of the sunsetCrestone: Unique, magical and beautiful are words that tumble out of my mouth when I think of Crestone. The tiny town proper is 150 and the surrounding area is no more than 1500 when everyone is home. The magic of Crestone however, is its history. Early on, a rancher was instructed to bequeath parcels of his ranch to spiritual groups around the world which he did. It is now known for having the most diverse spiritual community in the world. Spiritual seekers in North America eventually hear about Crestone. And, it generally takes knowing a local or more than one visit for the fullness of the area to emerge…the 5 creeks heading up into the Sangre de Cristos, the temples hidden in the trees, the lovely residents and the “happening”. The local newspaper, the Crestone Eagle, has calendars of event for local happenings that rival a town 10 times its size. If you want a sanctuary, Crestone offers just that.

 

Real Estate around Crestone CO

 

Comments(2)

Paul Campbell Realtor Lexington
Rector Hayden, Lexington, Ky - Lexington, KY
Kentucky Homes for Sale

Paula,

A very detailed report.  It does look as if things are improving!  My parents Raymond and Inez Campbell lived in Buena Vista back in the 1970s.  I have a cousin and his wife who still live there.  Gary and Rosie Campbell  Have a great New Year

Dec 27, 2011 12:34 PM
Paula Bradfield
Bradfield Ramsey Group - Salida, CO
Your Salida Colorado area Realtor Team

Paul, thanks for the feedback. I will keep my eye out for Gary and Rosie. You have a great new year as well!

Dec 27, 2011 04:07 PM