Is Pradera, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pradera is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Pradera was a Seller's Market.

Key Takeaway

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

Housing Prices in Pradera, CO

How much do homes in Pradera, CO cost?

Median Sold Price

$1,540,000

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$470,000(+43.9%)

Key Takeaway

Homes in Pradera have sold for 43.9% more than they did a year ago.

Summary: The median home sold price in Pradera was $1,540,000 in October 2024, up 43.9% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $885K$1.0M
+13.0%
4 $1.1M$1.5M
+27.7%
5+ $1.0M$1.7M
+63.5%

Summary: Pradera 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 13%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes increased by 63.5%.

Median Sold Price Compared To Nearby Neighborhoods

Pradera
+43.9%
Cobblestone Ranch
+0.7%

Housing Supply in Pradera, CO

How many homes are available in Pradera, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2422-8.3%

Summary: The Pradera real estate market had 22 homes for sale in October 2024, a 8.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 20
-100.0%
4 98
-11.1%
5+ 1314
+7.7%

Summary: The Pradera 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 decreased by 100%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 7.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

1 Home Was 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 Pradera, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Pradera in October 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pradera, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days116 Days+544.4%

Summary: Homes in Pradera had an average of 116 days on market in Oct 2024, up by 544.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Pradera are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Pradera; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 16 Days Ago

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