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Town comparisons › Poncha Springs vs Salida

Poncha Springs vs Salida

Poncha Springs and Salida are both in Chaffee County. There are 29 homes for sale in Poncha Springs and 157 in Salida as this page loaded. Salida is the more expensive of the two: a median asking price of $820,000 against $620,000 in Poncha Springs, about 32% higher. Homes are moving faster in Salida — a median of 81 days on market against 82 in Poncha Springs. On months of supply both are a buyer's market right now.

Side by side

MeasurePoncha SpringsSalida
Homes for sale29157
New in last 30 days448
Median asking price$620,000$820,000
Median price per sq ft$351$466
Median size (sq ft)1,6951,754
Median bedrooms33
Median days on market8281
Months of supply6.48.6
Sold, last 12 months54220
Median sold price$621,500$743,000
Median days to sell100106
Sold vs asking price98.0%97.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Poncha Springs is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.
Salida is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.

Poncha Springs

29
Homes for sale
$620,000
Median asking price
$351
Median per sq ft
82
Median days on market

Salida

157
Homes for sale
$820,000
Median asking price
$466
Median per sq ft
81
Median days on market

Look at either town on its own

Questions people ask

Is Poncha Springs or Salida more expensive?

Salida is more expensive. The median asking price is $820,000 in Salida against $620,000 in Poncha Springs. By price per square foot, Poncha Springs runs $351 and Salida $466.

Which moves faster, Poncha Springs or Salida?

Homes for sale in Salida have been on the market a median of 81 days, against 82 days in Poncha Springs. Of the homes that actually closed in the last twelve months, Poncha Springs took a median of 100 days and Salida 106.

Is Poncha Springs or Salida the better market for a buyer?

Poncha Springs is a buyer's market and Salida is a buyer's market, measured on months of supply — 6.4 months in Poncha Springs and 8.6 in Salida. More months of supply means more choice and more room to negotiate, so on that measure Salida is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Poncha Springs and Salida?

There are 29 homes for sale in Poncha Springs and 157 in Salida as this page loaded, 4 and 48 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.