Is Stratmoor Hills, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stratmoor Hills is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Stratmoor Hills was a Neutral Market.

Key Takeaway

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

Housing Prices in Stratmoor Hills, CO

How much do homes in Stratmoor Hills, CO cost?

Median Sold Price

$295,000

$259/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

-$185,500(-38.6%)

Key Takeaway

Homes in Stratmoor Hills have sold for 38.6% less than they did a month ago.

Summary: The median home sold price in Stratmoor Hills was $295,000 in August 2024, down 38.6% from last month, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 -$295K
N/A
3 --
N/A
4 --
N/A
5+ $480.5K-
N/A

Summary: Stratmoor Hills housing prices by bedroom type for August 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Southwest Colorado Springs
+4.1%
Fountain Valley
-1.3%
Central Colorado Springs
-4.2%
Cheyenne Hills
-21.8%
Stratmoor Hills
-38.6%

Housing Supply in Stratmoor Hills, CO

How many homes are available in Stratmoor Hills, CO?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1225+108.3%

Summary: The Stratmoor Hills real estate market had 25 homes for sale in August 2024, a 108.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 59
+80.0%
3 28
+300.0%
4 13
+200.0%
5+ 45
+25.0%

Summary: The Stratmoor Hills housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 80%, 3 bedroom homes increased by 300%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stratmoor Hills, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Stratmoor Hills in August 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Stratmoor Hills, CO

How long does it take to sell a home in Stratmoor Hills, CO?

Average Sale Time

Jul 2024Aug 2024CHANGE
26 Days14 Days-47.2%

Summary: Homes in Stratmoor Hills had an average of 14 days on market in Aug 2024, down by 47.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Stratmoor Hills are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 1 homes were sold in Stratmoor Hills; 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 27 Days Ago

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