Is Mountain Shadows, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountain Shadows is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Mountain Shadows, CO

How much do homes in Mountain Shadows, CO cost?

Median Sold Price

$557,500

$235/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$30,000(-5.1%)

Key Takeaway

Homes in Mountain Shadows have sold for 5.1% less than they did a month ago.

Summary: The median home sold price in Mountain Shadows was $557,500 in November 2024, down 5.1% from last month, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$325K
N/A
3 $550K-
N/A
4 $625K$790K
+26.4%
5+ --
N/A

Summary: Mountain Shadows housing prices by bedroom type for November 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 26.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Rockrimmon
-0.4%
Northwest Colorado Springs
-1.8%
Mountain Shadows
-5.1%

Housing Supply in Mountain Shadows, CO

How many homes are available in Mountain Shadows, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2229+31.8%

Summary: The Mountain Shadows real estate market had 29 homes for sale in November 2024, a 31.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 22
0.0%
3 57
+40.0%
4 79
+28.6%
5+ 810
+25.0%

Summary: The Mountain Shadows housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mountain Shadows, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Mountain Shadows in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Mountain Shadows, CO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
22 Days20 Days-8.9%

Summary: Homes in Mountain Shadows had an average of 20 days on market in Nov 2024, down by 8.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mountain Shadows are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Mountain Shadows; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in Mountain Shadows, CO

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