$10,000 Closing Credit*
$996,000
4,588 SqFt
6 Beds
•3 Full Baths, 2 Partial
Tracy Hulsey, Listing Office: RE/MAX ALLIANCE
Is Sapphire Pointe, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Sapphire Pointe was a Neutral Market.
Key Takeaway
Sapphire Pointe is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sapphire Pointe, CO
How much do homes in Sapphire Pointe, CO cost?
Median Sold Price
$734,000
$188/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$136,000(-15.6%)
Key Takeaway
Homes in Sapphire Pointe have sold for 15.6% less than they did a month ago.
Summary: The median home sold price in Sapphire Pointe was $734,000 in November 2024, down 15.6% from last month, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $870K | $758K | -12.9% |
| 5+ Bedrooms | $877.5K | $710K | -19.1% |
Summary: Sapphire Pointe 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 did not change, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 19.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Cutter's Ridge | $400K | $410K | +2.5% |
| Sapphire Pointe | $870K | $734K | -15.6% |
Housing Supply in Sapphire Pointe, CO
How many homes are available in Sapphire Pointe, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The Sapphire Pointe real estate market had 19 homes for sale in November 2024, the same as 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 | 3 | 3 | 0.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The Sapphire Pointe 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 remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sapphire Pointe, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Sapphire Pointe in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 81 Days | 47 Days | -42.4% |
Summary: Homes in Sapphire Pointe had an average of 47 days on market in Nov 2024, down by 42.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sapphire Pointe are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Sapphire Pointe; 50% of homes were sold within 30 days, 50% 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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