Is Buffalo Highlands, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buffalo Highlands is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Buffalo Highlands was a Seller's Market.

Key Takeaway

Buffalo Highlands is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Buffalo Highlands, CO

How much do homes in Buffalo Highlands, CO cost?

Median Sold Price

$609,990

$194/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$23,245(+4.0%)

Key Takeaway

Homes in Buffalo Highlands have sold for 4% more than they did a month ago.

Summary: The median home sold price in Buffalo Highlands was $609,990 in October 2024, up 4% from last month, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $535.9K$549.9K
+2.6%
4 $637.4K$609.9K
-4.3%
5+ -$650K
N/A

Summary: Buffalo Highlands housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Buffalo Highlands
+4.0%
Prairie Farms
+1.7%
Second Creek Farms
0.4%

Housing Supply in Buffalo Highlands, CO

How many homes are available in Buffalo Highlands, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2524-4.0%

Summary: The Buffalo Highlands real estate market had 24 homes for sale in October 2024, a 4.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1614
-12.5%
4 88
0.0%
5+ 12
+100.0%

Summary: The Buffalo Highlands housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buffalo Highlands, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Buffalo Highlands in October 2024, down by 50.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Buffalo Highlands, CO

How long does it take to sell a home in Buffalo Highlands, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
38 Days18 Days-51.6%

Summary: Homes in Buffalo Highlands had an average of 18 days on market in Oct 2024, down by 51.6% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Buffalo Highlands are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Buffalo Highlands; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Buffalo Highlands, CO

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