Is Ken-Caryl Ranch, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ken-Caryl Ranch is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Ken-Caryl Ranch was a Buyer's Market.

Key Takeaway

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

Housing Prices in Ken-Caryl Ranch, CO

How much do homes in Ken-Caryl Ranch, CO cost?

Median Sold Price

$789,900

$329/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$70,100(-8.2%)

Key Takeaway

Homes in Ken-Caryl Ranch have sold for 8.2% less than they did a year ago.

Summary: The median home sold price in Ken-Caryl Ranch was $789,900 in October 2024, down 8.2% from last year, and the median price per square foot was $329.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $375K$368K
-1.9%
3 $674K$685K
+1.6%
4 $883K$788.4K
-10.7%
5+ $1.4M$1.5M
+7.0%

Summary: Ken-Caryl 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 decreased by 1.9%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 7%.

Housing Supply in Ken-Caryl Ranch, CO

How many homes are available in Ken-Caryl Ranch, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5561+10.9%

Summary: The Ken-Caryl Ranch real estate market had 61 homes for sale in October 2024, a 10.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 1112
+9.1%
4 2425
+4.2%
5+ 1316
+23.1%

Summary: The Ken-Caryl 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 increased by 14.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 23.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
813+62.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ken-Caryl Ranch, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Ken-Caryl Ranch in October 2024, up by 62.5% month-over-month. Of the 13 sold homes, 69% were sold under asking, 23% were sold at asking, and 8% were sold over asking.

Days on Market for Ken-Caryl Ranch, CO

How long does it take to sell a home in Ken-Caryl Ranch, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days43 Days+43.8%

Summary: Homes in Ken-Caryl Ranch had an average of 43 days on market in Oct 2024, up by 43.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 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 Ken-Caryl Ranch has remained consistent over time.

Summary: During October 2024, 13 homes were sold in Ken-Caryl Ranch; 46% of homes were sold within 30 days, 54% 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 23 Days Ago

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