Is Saddle Rock, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saddle Rock is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Saddle Rock was a Buyer's Market.

Key Takeaway

Saddle Rock is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Saddle Rock, CO

How much do homes in Saddle Rock, CO cost?

Median Sold Price

$574,550

$245/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$215,450(-27.3%)

Key Takeaway

Homes in Saddle Rock have sold for 27.3% less than they did a month ago.

Summary: The median home sold price in Saddle Rock was $574,550 in November 2024, down 27.3% from last month, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$600.5K
N/A
3 $815K$485K
-40.5%
4 $835K$555.5K
-33.5%
5+ $636K$756K
+18.9%

Summary: Saddle Rock 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 did not change, 3 bedroom homes decreased by 40.5%, 4 bedroom homes decreased by 33.5%, and 5+ bedroom homes increased by 18.9%.

Housing Supply in Saddle Rock, CO

How many homes are available in Saddle Rock, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4548+6.7%

Summary: The Saddle Rock real estate market had 48 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1315
+15.4%
3 1414
0.0%
4 1212
0.0%
5+ 67
+16.7%

Summary: The Saddle Rock 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 increased by 15.4%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saddle Rock, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Saddle Rock in November 2024, up by 100.0% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Saddle Rock, CO

How long does it take to sell a home in Saddle Rock, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
57 Days46 Days-19.9%

Summary: Homes in Saddle Rock had an average of 46 days on market in Nov 2024, down by 19.9% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Saddle Rock; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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 21 Days Ago

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MLS Disclaimers and Copyright

Based on information from REColorado for the period 10/01/2024 - 12/01/2024

IDX Listings courtesy of REColorado as distributed by MLS GRID.

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Last updated on: 12/22/2024, 12:57:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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