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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Piney Creek is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Piney Creek has remained a Seller's Market.

Key Takeaway

Piney Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Piney Creek, CO

How much do homes in Piney Creek, CO cost?

Median Sold Price

$790,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+5.3%)

Key Takeaway

Homes in Piney Creek have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Piney Creek was $790,000 in October 2024, up 5.3% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $492.5K$655K
+33.0%
4 $712.5K$782.5K
+9.8%
5+ $839.2K$840K
0.1%

Summary: Piney Creek 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 did not change, 3 bedroom homes increased by 33%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 0.1%.

Housing Supply in Piney Creek, CO

How many homes are available in Piney Creek, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3134+9.7%

Summary: The Piney Creek real estate market had 34 homes for sale in October 2024, a 9.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 24
+100.0%
4 1514
-6.7%
5+ 1416
+14.3%

Summary: The Piney Creek 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Piney Creek, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Piney Creek in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Piney Creek, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days53 Days+545.3%

Summary: Homes in Piney Creek had an average of 53 days on market in Oct 2024, up by 545.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in Piney Creek; 56% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 33% 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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