Is Pheasant Run, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pheasant Run is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Pheasant Run was a Seller's Market.

Key Takeaway

Pheasant Run 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 Pheasant Run, CO

How much do homes in Pheasant Run, CO cost?

Median Sold Price

$497,500

$273/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$6,550(+1.3%)

Key Takeaway

Homes in Pheasant Run have sold for 1.3% more than they did a month ago.

Summary: The median home sold price in Pheasant Run was $497,500 in November 2024, up 1.3% from last month, and the median price per square foot was $273.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $449.5K$475K
+5.7%
4 $615K$609.9K
-0.8%
5+ $499.9K-
N/A

Summary: Pheasant Run 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 increased by 5.7%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Pheasant Run
+1.3%
Horizons
-0.8%

Housing Supply in Pheasant Run, CO

How many homes are available in Pheasant Run, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2320-13.0%

Summary: The Pheasant Run real estate market had 20 homes for sale in November 2024, a 13.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1210
-16.7%
4 66
0.0%
5+ 43
-25.0%

Summary: The Pheasant Run housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pheasant Run, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Pheasant Run in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Pheasant Run, CO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
60 Days38 Days-36.3%

Summary: Homes in Pheasant Run had an average of 38 days on market in Nov 2024, down by 36.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 Pheasant Run are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Pheasant Run; 67% of homes were sold within 30 days, 33% 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 21 Days Ago

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