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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pradera is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Pradera, CO

How much do homes in Pradera, CO cost?

Median Sold Price

$1,437,500

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$367,500(+34.3%)

Key Takeaway

Homes in Pradera have sold for 34.3% more than they did a year ago.

Summary: The median home sold price in Pradera was $1,437,500 in September 2024, up 34.3% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $875K$992.5K
+13.4%
4 $1.0M$1.5M
+49.2%
5+ $1.0M$1.7M
+62.2%

Summary: Pradera housing prices by bedroom type for September 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%, 4 bedroom homes increased by 49.2%, and 5+ bedroom homes increased by 62.2%.

Median Sold Price Compared To Nearby Neighborhoods

Pradera
+34.3%
Cobblestone Ranch
-1.0%

Housing Supply in Pradera, CO

How many homes are available in Pradera, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2627+3.8%

Summary: The Pradera real estate market had 27 homes for sale in September 2024, a 3.8% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 129
-25.0%
5+ 1216
+33.3%

Summary: The Pradera housing inventory by bedroom type for September 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 decreased by 25%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Pradera in September 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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

Sep 2023Sep 2024CHANGE
53 Days37 Days-28.7%

Summary: Homes in Pradera had an average of 37 days on market in Sep 2024, down by 28.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 5 homes were sold in Pradera; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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

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