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 neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Cobblestone Ranch is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cobblestone Ranch, CO

How much do homes in Cobblestone Ranch, CO cost?

Median Sold Price

$720,000

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+0.7%)

Key Takeaway

Homes in Cobblestone Ranch have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Cobblestone Ranch was $720,000 in October 2024, up 0.7% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $620K$655K
+5.6%
4 $810K$745K
-8.0%
5+ $715K$730K
+2.1%

Summary: Cobblestone Ranch housing prices by bedroom type for October 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 5.6%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Neighborhoods

Pradera
+43.9%
Cobblestone Ranch
+0.7%
Terrain
-6.0%

Housing Supply in Cobblestone Ranch, CO

How many homes are available in Cobblestone Ranch, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2730+11.1%

Summary: The Cobblestone Ranch real estate market had 30 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 56
+20.0%
4 810
+25.0%
5+ 1414
0.0%

Summary: The Cobblestone Ranch 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 increased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cobblestone Ranch, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Cobblestone Ranch in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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

Oct 2023Oct 2024CHANGE
20 Days85 Days+328.0%

Summary: Homes in Cobblestone Ranch had an average of 85 days on market in Oct 2024, up by 328% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 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 October 2024, 5 homes were sold in Cobblestone Ranch; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 16 Days Ago

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