Is Rocky Ridge, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rocky Ridge is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Rocky Ridge was a Neutral 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

$436,450

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$66,047(+17.8%)

Key Takeaway

Homes in Rocky Ridge have sold for 17.8% more than they did a year ago.

Summary: The median home sold price in Rocky Ridge was $436,450 in October 2024, up 17.8% from last year, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$219.3K
N/A
2 $328K$310K
-5.5%
3 $460K$439.9K
-4.4%
4 $497.5K$490K
-1.5%
5+ -$551.5K
N/A

Summary: Rocky Ridge 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 decreased by 5.5%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 1.5%, 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

Sep 2024Oct 2024CHANGE
3338+15.2%

Summary: The Rocky Ridge real estate market had 38 homes for sale in October 2024, a 15.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1314
+7.7%
3 1114
+27.3%
4 78
+14.3%
5+ 11
0.0%

Summary: The Rocky Ridge 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 increased by 7.7%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rocky Ridge, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Rocky Ridge in October 2024, up by 125.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 56% were sold at asking, and 22% 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 2023Oct 2024CHANGE
23 Days51 Days+119.9%

Summary: Homes in Rocky Ridge had an average of 51 days on market in Oct 2024, up by 119.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in Rocky Ridge; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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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MLS Disclaimers and Copyright

Based on information from REColorado for the period 11/01/2022 - 11/01/2024

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Last updated on: 11/17/2024, 9:12:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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