$5,926 Closing Credit*
$499,000
2,360 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jeff Wyatt, Listing Office: RE/MAX Alliance
Is Heather Ridge, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Heather Ridge was a Seller's Market.
Key Takeaway
Heather Ridge 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 Heather Ridge, CO
How much do homes in Heather Ridge, CO cost?
Median Sold Price
$325,000
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$40,500(-11.1%)
Key Takeaway
Homes in Heather Ridge have sold for 11.1% less than they did a year ago.
Summary: The median home sold price in Heather Ridge was $325,000 in October 2024, down 11.1% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $206.3K | +11.6% |
| 2 Bedrooms | $340K | $335K | -1.5% |
| 3 Bedrooms | $422.5K | $385K | -8.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Heather Ridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.6%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Heather Ridge, CO
How many homes are available in Heather Ridge, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 30 | -6.3% |
Summary: The Heather Ridge real estate market had 30 homes for sale in October 2024, a 6.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 10 | -9.1% |
| 2 Bedrooms | 19 | 19 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Heather Ridge housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Heather Ridge, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Heather Ridge in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Heather Ridge, CO
How long does it take to sell a home in Heather Ridge, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 104 Days | +203.8% |
Summary: Homes in Heather Ridge had an average of 104 days on market in Oct 2024, up by 203.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Heather Ridge has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Heather Ridge; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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