$5,938 Closing Credit*
$500,000
1,875 SqFt
4 Beds
•1 Full Bath, 1 Partial
Norma Ortiz, Listing Office: Megastar Realty
Is Rocky Ridge, 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, Rocky Ridge has remained a Seller's Market.
Key Takeaway
Rocky Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rocky Ridge, CO
How much do homes in Rocky Ridge, CO cost?
Median Sold Price
$473,500
$286/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$126,500(+36.5%)
Key Takeaway
Homes in Rocky Ridge have sold for 36.5% more than they did a month ago.
Summary: The median home sold price in Rocky Ridge was $473,500 in November 2024, up 36.5% from last month, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | $305K | +1.7% |
| 3 Bedrooms | $418.5K | $442.5K | +5.7% |
| 4 Bedrooms | $435K | $505K | +16.1% |
| 5+ Bedrooms | $518.3K | - | N/A |
Summary: Rocky Ridge 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 increased by 1.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes did not change.
Housing Supply in Rocky Ridge, CO
How many homes are available in Rocky Ridge, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 30 | -14.3% |
Summary: The Rocky Ridge real estate market had 30 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 13 | 8 | -38.5% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rocky Ridge 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 decreased by 38.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rocky Ridge, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Rocky Ridge in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for Rocky Ridge, CO
How long does it take to sell a home in Rocky Ridge, CO?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 25 Days | -50.6% |
Summary: Homes in Rocky Ridge had an average of 25 days on market in Nov 2024, down by 50.6% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rocky Ridge are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Rocky Ridge; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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