Is Burland Ranchettes, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Burland Ranchettes is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Burland Ranchettes has remained a Seller's Market.

Key Takeaway

Burland Ranchettes is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Burland Ranchettes, CO

How much do homes in Burland Ranchettes, CO cost?

Median Sold Price

$570,000

$312/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$26,000(-4.4%)

Key Takeaway

Homes in Burland Ranchettes have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Burland Ranchettes was $570,000 in November 2024, down 4.4% from last year, and the median price per square foot was $312.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $375K-
N/A
2 $450K$395K
-12.2%
3 $592K$596.5K
+0.8%
4 $647.5K$567K
-12.4%
5+ $671K$615K
-8.3%

Summary: Burland Ranchettes housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.2%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 8.3%.

Housing Supply in Burland Ranchettes, CO

How many homes are available in Burland Ranchettes, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
20200.0%

Summary: The Burland Ranchettes real estate market had 20 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1211
-8.3%
4 23
+50.0%
5+ 11
0.0%

Summary: The Burland Ranchettes housing inventory by bedroom type for November 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 8.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Burland Ranchettes, 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 Burland Ranchettes in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Burland Ranchettes, CO

How long does it take to sell a home in Burland Ranchettes, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
48 Days64 Days+33.9%

Summary: Homes in Burland Ranchettes had an average of 64 days on market in Nov 2024, up by 33.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Burland Ranchettes; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

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