$10,000 Closing Credit*
$865,000
4,015 SqFt
4 Beds
•3 Full Baths, 1 Partial
Dave Gardner, Listing Office: Results Realty of Colorado
Is Sapphire Pointe, 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, Sapphire Pointe was a Seller's Market.
Key Takeaway
Sapphire Pointe 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 Sapphire Pointe, CO
How much do homes in Sapphire Pointe, CO cost?
Median Sold Price
$839,900
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,100(-0.5%)
Key Takeaway
The sold price of homes in Sapphire Pointe has remained the same since last year.
Summary: The median home sold price in Sapphire Pointe was $839,900 in October 2024, down 0.5% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $855K | $697.8K | -18.4% |
| 4 Bedrooms | $802.5K | $820K | +2.2% |
| 5+ Bedrooms | $838K | $865K | +3.2% |
Summary: Sapphire Pointe 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 did not change, 3 bedroom homes decreased by 18.4%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 3.2%.
Housing Supply in Sapphire Pointe, CO
How many homes are available in Sapphire Pointe, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 20 | -9.1% |
Summary: The Sapphire Pointe real estate market had 20 homes for sale in October 2024, a 9.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Sapphire Pointe 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 remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sapphire Pointe, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Sapphire Pointe in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Sapphire Pointe, CO
How long does it take to sell a home in Sapphire Pointe, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 81 Days | +255.1% |
Summary: Homes in Sapphire Pointe had an average of 81 days on market in Oct 2024, up by 255.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sapphire Pointe are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Sapphire Pointe; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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