Is Copperleaf, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Copperleaf is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Copperleaf, CO

How much do homes in Copperleaf, CO cost?

Median Sold Price

$579,950

$296/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$40,050(-6.5%)

Key Takeaway

Homes in Copperleaf have sold for 6.5% less than they did a year ago.

Summary: The median home sold price in Copperleaf was $579,950 in October 2024, down 6.5% from last year, and the median price per square foot was $296.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $495K$562.4K
+13.6%
3 $561.8K$535K
-4.8%
4 $668K$620K
-7.2%
5+ $742.5K$770K
+3.7%

Summary: Copperleaf 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 increased by 13.6%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 3.7%.

Housing Supply in Copperleaf, CO

How many homes are available in Copperleaf, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5347-11.3%

Summary: The Copperleaf real estate market had 47 homes for sale in October 2024, a 11.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 41
-75.0%
3 3129
-6.5%
4 1211
-8.3%
5+ 66
0.0%

Summary: The Copperleaf 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 decreased by 75%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1411-21.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Copperleaf, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Copperleaf in October 2024, down by 21.4% month-over-month. Of the 11 sold homes, 45% were sold under asking, 55% were sold at asking, and 0% were sold over asking.

Days on Market for Copperleaf, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days74 Days+173.1%

Summary: Homes in Copperleaf had an average of 74 days on market in Oct 2024, up by 173.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Copperleaf has remained consistent over time.

Summary: During October 2024, 11 homes were sold in Copperleaf; 9% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 27% 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 22 Days Ago

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