$110,000
36.14 Acres
Land
Michael Lapides, Listing Office: Colorado Land Company
Is Ramah, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Ramah has remained a Buyer's Market.
Key Takeaway
Ramah is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ramah, CO
How much do homes in Ramah, CO cost?
Median Sold Price
$735,000
$967/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$185,000(+33.6%)
Key Takeaway
Homes in Ramah have sold for 33.6% more than they did a month ago.
Summary: The median home sold price in Ramah was $735,000 in October 2024, up 33.6% from last month, and the median price per square foot was $967.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $735K | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $550K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Ramah housing prices by bedroom type for October 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 did not change.
Housing Supply in Ramah, CO
How many homes are available in Ramah, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Summary: The Ramah real estate market had 16 homes for sale in October 2024, a 23.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Ramah 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 30%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ramah, 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 Ramah in October 2024, the same as the previous 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 Ramah, CO
How long does it take to sell a home in Ramah, CO?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 97 Days | 25 Days | -74.2% |
Summary: Homes in Ramah had an average of 25 days on market in Oct 2024, down by 74.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ramah are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Ramah; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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