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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saddle Rock Ridge is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Saddle Rock Ridge has remained a Buyer's Market.

Key Takeaway

Saddle Rock Ridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Saddle Rock Ridge, CO

How much do homes in Saddle Rock Ridge, CO cost?

Median Sold Price

$537,000

$330/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$2,000(+0.4%)

Key Takeaway

The sold price of homes in Saddle Rock Ridge has remained the same since last month.

Summary: The median home sold price in Saddle Rock Ridge was $537,000 in October 2024, up 0.4% from last month, and the median price per square foot was $330.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $535K$600K
+12.1%
4 -$519.9K
N/A
5+ -$537K
N/A

Summary: Saddle Rock Ridge housing prices by bedroom type for October 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 increased by 12.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Saddle Rock Ridge, CO

How many homes are available in Saddle Rock Ridge, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2433+37.5%

Summary: The Saddle Rock Ridge real estate market had 33 homes for sale in October 2024, a 37.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1012
+20.0%
4 913
+44.4%
5+ 58
+60.0%

Summary: The Saddle Rock 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 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 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 Saddle Rock Ridge in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% 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

Sep 2024Oct 2024CHANGE
21 Days9 Days-55.6%

Summary: Homes in Saddle Rock Ridge had an average of 9 days on market in Oct 2024, down by 55.6% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Saddle Rock 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Saddle Rock Ridge, CO

Nearby Markets to Saddle Rock Ridge, CO