Is Cobblestone Ranch, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cobblestone Ranch is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Cobblestone Ranch was a Seller's Market.

Key Takeaway

Cobblestone Ranch is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cobblestone Ranch, CO

How much do homes in Cobblestone Ranch, CO cost?

Median Sold Price

$707,500

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$7,500(-1.0%)

Key Takeaway

Homes in Cobblestone Ranch have sold for 1% less than they did a year ago.

Summary: The median home sold price in Cobblestone Ranch was $707,500 in September 2024, down 1% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $640K$652.5K
+2.0%
4 $810K$762.5K
-5.9%
5+ $730.5K$711.7K
-2.6%

Summary: Cobblestone Ranch housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Neighborhoods

Pradera
+34.3%
Cobblestone Ranch
-1.0%
Terrain
-4.9%

Housing Supply in Cobblestone Ranch, CO

How many homes are available in Cobblestone Ranch, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2829+3.6%

Summary: The Cobblestone Ranch real estate market had 29 homes for sale in September 2024, a 3.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 56
+20.0%
4 98
-11.1%
5+ 1415
+7.1%

Summary: The Cobblestone Ranch housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cobblestone Ranch, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Cobblestone Ranch in September 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Cobblestone Ranch, CO

How long does it take to sell a home in Cobblestone Ranch, CO?

Average Sale Time

Sep 2023Sep 2024CHANGE
44 Days31 Days-28.8%

Summary: Homes in Cobblestone Ranch had an average of 31 days on market in Sep 2024, down by 28.8% compared to last year.

Breakdown of Home Sale Times

2 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 Cobblestone Ranch are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 3 homes were sold in Cobblestone Ranch; 67% of homes were sold within 30 days, 33% 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 17 Days Ago

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