$3,088 Closing Credit*
$260,000
945 SqFt
2 Beds
•1 Full Bath, 1 Partial
Laura Fritz, Listing Office: Keller Williams Integrity Real Estate LLC
Is Sable Ridge, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Sable Ridge was a Seller's Market.
Key Takeaway
Sable Ridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sable Ridge, CO
How much do homes in Sable Ridge, CO cost?
Median Sold Price
$312,000
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$13,000(-4.0%)
Key Takeaway
Homes in Sable Ridge have sold for 4% less than they did a year ago.
Summary: The median home sold price in Sable Ridge was $312,000 in October 2024, down 4% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237K | $224K | -5.5% |
| 2 Bedrooms | $301K | $287.4K | -4.5% |
| 3 Bedrooms | $352.5K | $352.5K | 0.0% |
| 4 Bedrooms | $485K | $524.5K | +8.1% |
| 5+ Bedrooms | - | $550K | N/A |
Summary: Sable Ridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes did not change.
Housing Supply in Sable Ridge, CO
How many homes are available in Sable Ridge, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 31 | +19.2% |
Summary: The Sable Ridge real estate market had 31 homes for sale in October 2024, a 19.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sable Ridge housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sable Ridge, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Sable Ridge in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Sable Ridge, CO
How long does it take to sell a home in Sable Ridge, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 11 Days | -46.0% |
Summary: Homes in Sable Ridge had an average of 11 days on market in Oct 2024, down by 46% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sable Ridge are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Sable Ridge; 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.
Listings courtesy of REColorado as distributed by MLS GRID.
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