Is Turnberry, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Turnberry is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Turnberry was a Seller's Market.

Key Takeaway

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

Housing Prices in Turnberry, CO

How much do homes in Turnberry, CO cost?

Median Sold Price

$544,995

$267/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$5(0%)

Key Takeaway

The sold price of homes in Turnberry has remained the same since last month.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $529.9K$540K
+1.9%
4 $586K$560K
-4.4%
5+ --
N/A

Summary: Turnberry 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 1.9%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Turnberry
0%
Potomac Farms
-0.2%

Housing Supply in Turnberry, CO

How many homes are available in Turnberry, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4035-12.5%

Summary: The Turnberry real estate market had 35 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2319
-17.4%
4 1513
-13.3%
5+ 12
+100.0%

Summary: The Turnberry 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 decreased by 17.4%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Turnberry, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Turnberry in October 2024, down by 50.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Turnberry, CO

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

Average Sale Time

Sep 2024Oct 2024CHANGE
56 Days63 Days+13.1%

Summary: Homes in Turnberry had an average of 63 days on market in Oct 2024, up by 13.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Turnberry has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Turnberry; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 16 Days Ago

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MLS Disclaimers and Copyright

Based on information from REColorado for the period 09/01/2024 - 11/01/2024

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Last updated on: 11/17/2024, 2:12:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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