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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cordera is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Cordera has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Cordera, CO

How much do homes in Cordera, CO cost?

Median Sold Price

$799,900

$247/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$88,650(+12.5%)

Key Takeaway

Homes in Cordera have sold for 12.5% more than they did a month ago.

Summary: The median home sold price in Cordera was $799,900 in October 2024, up 12.5% from last month, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $625K$975K
+56.0%
5+ $782.5K$792.4K
+1.3%

Summary: Cordera housing prices by bedroom type for October 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 did not change, 4 bedroom homes increased by 56%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Neighborhoods

Cordera
+12.5%
Wolf Ranch
+7.2%
Pine Creek
+7.1%
Briargate
-4.0%
Briargate Area
-4.1%

Housing Supply in Cordera, CO

How many homes are available in Cordera, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3132+3.2%

Summary: The Cordera real estate market had 32 homes for sale in October 2024, a 3.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 01
+100.0%
4 1518
+20.0%
5+ 1613
-18.8%

Summary: The Cordera 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 100%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 18.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cordera, 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 Cordera in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Cordera, CO

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

Average Sale Time

Sep 2024Oct 2024CHANGE
50 Days35 Days-29.3%

Summary: Homes in Cordera had an average of 35 days on market in Oct 2024, down by 29.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Cordera; 33% of homes were sold within 30 days, 67% 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 20 Days Ago

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Based on information from Pikes Peak MLS / Colorado Springs Realtor Services Corp., and REColorado for the period 09/01/2024 - 11/01/2024

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