Is Pine Creek, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pine Creek is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Pine Creek, CO

How much do homes in Pine Creek, CO cost?

Median Sold Price

$692,500

$277/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$92,500(+15.4%)

Key Takeaway

Homes in Pine Creek have sold for 15.4% more than they did a month ago.

Summary: The median home sold price in Pine Creek was $692,500 in November 2024, up 15.4% from last month, and the median price per square foot was $277.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 -$680K
N/A
5+ $600K$705K
+17.5%

Summary: Pine Creek 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 did not change, and 5+ bedroom homes increased by 17.5%.

Median Sold Price Compared To Nearby Neighborhoods

Pine Creek
+15.4%
Briargate
+7.4%
Briargate Area
-1.5%
Flying Horse
-1.7%
Cordera
-5.0%

Housing Supply in Pine Creek, CO

How many homes are available in Pine Creek, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4452+18.2%

Summary: The Pine Creek real estate market had 52 homes for sale in November 2024, a 18.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 88
0.0%
4 1319
+46.2%
5+ 2325
+8.7%

Summary: The Pine Creek 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 remained the same, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes increased by 8.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pine Creek, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Pine Creek in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pine Creek, CO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
11 Days36 Days+227.3%

Summary: Homes in Pine Creek had an average of 36 days on market in Nov 2024, up by 227.3% 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 Pine Creek are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Pine Creek; 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 2 Days Ago

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MLS Disclaimers and Copyright

Based on information from Pikes Peak MLS / Colorado Springs Realtor Services Corp., and REColorado for the period 10/01/2024 - 12/01/2024

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