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 seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Cobblestone Ranch has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cobblestone Ranch, CO

How much do homes in Cobblestone Ranch, CO cost?

Median Sold Price

$725,000

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$65,000(+9.8%)

Key Takeaway

Homes in Cobblestone Ranch have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Cobblestone Ranch was $725,000 in November 2024, up 9.8% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $620K$650K
+4.8%
4 $727.8K$762.5K
+4.8%
5+ $684K$737.4K
+7.8%

Summary: Cobblestone Ranch 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 did not change, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Neighborhoods

Pradera
+56.8%
Cobblestone Ranch
+9.8%
Terrain
-5.5%

Housing Supply in Cobblestone Ranch, CO

How many homes are available in Cobblestone Ranch, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2925-13.8%

Summary: The Cobblestone Ranch real estate market had 25 homes for sale in November 2024, a 13.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 109
-10.0%
5+ 1310
-23.1%

Summary: The Cobblestone Ranch 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 remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 23.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

5 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 Cobblestone Ranch, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Cobblestone Ranch in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% 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

Nov 2023Nov 2024CHANGE
32 Days74 Days+127.8%

Summary: Homes in Cobblestone Ranch had an average of 74 days on market in Nov 2024, up by 127.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cobblestone Ranch has remained consistent over time.

Summary: During November 2024, 7 homes were sold in Cobblestone Ranch; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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

Newest Listings in Cobblestone Ranch, CO

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