Is Cherry Creek Vista, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cherry Creek Vista is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Cherry Creek Vista has remained a Seller's Market.

Key Takeaway

Cherry Creek Vista is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cherry Creek Vista, CO

How much do homes in Cherry Creek Vista, CO cost?

Median Sold Price

$937,000

$313/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,000(+1.3%)

Key Takeaway

Homes in Cherry Creek Vista have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Cherry Creek Vista was $937,000 in October 2024, up 1.3% from last year, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $750K$665K
-11.3%
4 $890K$900K
+1.1%
5+ $1.1M$1.4M
+28.3%

Summary: Cherry Creek Vista 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 11.3%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 28.3%.

Housing Supply in Cherry Creek Vista, CO

How many homes are available in Cherry Creek Vista, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2326+13.0%

Summary: The Cherry Creek Vista real estate market had 26 homes for sale in October 2024, a 13.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 99
0.0%
5+ 912
+33.3%

Summary: The Cherry Creek Vista 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 remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

5 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 Cherry Creek Vista, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Cherry Creek Vista in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Cherry Creek Vista, CO

How long does it take to sell a home in Cherry Creek Vista, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days67 Days+249.8%

Summary: Homes in Cherry Creek Vista had an average of 67 days on market in Oct 2024, up by 249.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 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 Cherry Creek Vista has remained consistent over time.

Summary: During October 2024, 6 homes were sold in Cherry Creek Vista; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 7 Days Ago

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