Is Coal Creek, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coal Creek is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Coal Creek has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Coal Creek, CO

How much do homes in Coal Creek, CO cost?

Median Sold Price

$639,500

$313/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$10,500(-1.6%)

Key Takeaway

Homes in Coal Creek have sold for 1.6% less than they did a month ago.

Summary: The median home sold price in Coal Creek was $639,500 in November 2024, down 1.6% from last month, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$450K
N/A
3 $650K$639.5K
-1.6%
4 $667.5K$867.5K
+30.0%
5+ --
N/A

Summary: Coal Creek housing prices by bedroom type for November 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 decreased by 1.6%, 4 bedroom homes increased by 30%, and 5+ bedroom homes did not change.

Housing Supply in Coal Creek, CO

How many homes are available in Coal Creek, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2520-20.0%

Summary: The Coal Creek real estate market had 20 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 33
0.0%
3 1411
-21.4%
4 64
-33.3%
5+ 11
0.0%

Summary: The Coal Creek 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 21.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coal Creek, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Coal Creek in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Coal Creek, CO

How long does it take to sell a home in Coal Creek, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
47 Days56 Days+18.2%

Summary: Homes in Coal Creek had an average of 56 days on market in Nov 2024, up by 18.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Coal Creek has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Coal Creek; 25% of homes were sold within 30 days, 50% 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 24 Days Ago

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