$3,432 Closing Credit*
$289,000
630 SqFt
1 Bed
•1 Bath
Judy Sutton GRI, Listing Office: Your Neighborhood Realty, Inc.
Is Cascade, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Cascade was a Buyer's Market.
Key Takeaway
Cascade is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cascade, CO
How much do homes in Cascade, CO cost?
Median Sold Price
$615,000
$220/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$7,000(-1.1%)
Key Takeaway
Homes in Cascade have sold for 1.1% less than they did a month ago.
Summary: The median home sold price in Cascade was $615,000 in October 2024, down 1.1% from last month, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $390.5K | N/A |
| 3 Bedrooms | $622K | - | N/A |
| 4 Bedrooms | - | $657.4K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cascade 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pikes Peak | $523.5K | $615K | +17.5% |
| Green Mountain Falls | $425K | $473.6K | +11.5% |
| Manitou Springs | $677K | $707.5K | +4.5% |
| Cascade | $622K | $615K | -1.1% |
| Divide | $600K | $510K | -15.0% |
Housing Supply in Cascade, CO
How many homes are available in Cascade, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Summary: The Cascade real estate market had 16 homes for sale in October 2024, a 5.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cascade 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cascade, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Cascade in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Cascade, CO
How long does it take to sell a home in Cascade, CO?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 116 Days | 76 Days | -34.2% |
Summary: Homes in Cascade had an average of 76 days on market in Oct 2024, down by 34.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cascade are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Cascade; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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