$6,709 Closing Credit*
$565,000
2,044 SqFt
4 Beds
•2 Full Baths, 1 Partial
Rich Scott, Listing Office: Coldwell Banker Realty 18
Is Saddle Rock Ridge, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Saddle Rock Ridge has remained a Seller's Market.
Key Takeaway
Saddle Rock Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saddle Rock Ridge, CO
How much do homes in Saddle Rock Ridge, CO cost?
Median Sold Price
$558,700
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$6,300(-1.1%)
Key Takeaway
Homes in Saddle Rock Ridge have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Saddle Rock Ridge was $558,700 in November 2024, down 1.1% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $482.5K | - | N/A |
| 3 Bedrooms | $545K | $535K | -1.8% |
| 4 Bedrooms | $565K | $570K | +0.9% |
| 5+ Bedrooms | $592.5K | $625K | +5.5% |
Summary: Saddle Rock Ridge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 5.5%.
Housing Supply in Saddle Rock Ridge, CO
How many homes are available in Saddle Rock Ridge, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 32 | -3.0% |
Summary: The Saddle Rock Ridge real estate market had 32 homes for sale in November 2024, a 3.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Saddle Rock 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 remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Saddle Rock Ridge, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Saddle Rock Ridge in November 2024, up by 150.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Saddle Rock Ridge, CO
How long does it take to sell a home in Saddle Rock Ridge, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 47 Days | +208.2% |
Summary: Homes in Saddle Rock Ridge had an average of 47 days on market in Nov 2024, up by 208.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saddle Rock Ridge are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Saddle Rock Ridge; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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