With only 1.0 months of inventory, Colo remains a seller's market. The median home price in Colo currently stands at $165,000. At the current pace, all available homes in Colo would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 45 days to sell, which is 0 days longer than this time last year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Colo market with the affordability index at 1003.0. Looking ahead, the Colo market is expected to maintain its current trajectory with relatively stable conditions.