Is Saddle Rock, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Saddle Rock has remained a Seller's Market.
Housing Prices in Saddle Rock, CO
How much do homes in Saddle Rock, CO cost?
Median Sold Price
$582,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Saddle Rock was $582,000 in March 2024, down 6.1% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $440K | $430K | -2.3% |
3 Bedrooms | $515K | $522K | +1.4% |
4 Bedrooms | $830K | $803K | -3.3% |
5+ Bedrooms | $929.8K | $975K | +4.9% |
Summary: Saddle Rock housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Neighborhoods
Saddle Rock | $620K | $582K | -6.1% |
Saddle Rock North | $885K | $805K | -9.0% |
Housing Supply in Saddle Rock, CO
How many homes are available in Saddle Rock, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 45 | +28.6% |
Summary: The Saddle Rock real estate market had 45 homes for sale in March 2024, a 28.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 16 | 23 | +43.8% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Saddle Rock housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 43.8%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 11 | +37.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Saddle Rock in March 2024, up by 37.5% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.
Days on Market for Saddle Rock, CO
How long does it take to sell a home in Saddle Rock, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 26 Days | -46.6% |
Summary: Homes in Saddle Rock had an average of 26 days on market in Mar 2024, down by 46.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Saddle Rock; 82% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.