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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Side Creek is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Side Creek, CO

How much do homes in Side Creek, CO cost?

Median Sold Price

$368,000

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$47,000(-11.3%)

Key Takeaway

Homes in Side Creek have sold for 11.3% less than they did a year ago.

Summary: The median home sold price in Side Creek was $368,000 in April 2024, down 11.3% from last year, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $235K$256K
+8.9%
2 $363.5K$343K
-5.6%
3 $448.4K$460K
+2.6%
4 $470K$458K
-2.6%
5+ $634.5K$515K
-18.8%

Summary: Side Creek housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 18.8%.

Housing Supply in Side Creek, CO

How many homes are available in Side Creek, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2533+32.0%

Summary: The Side Creek real estate market had 33 homes for sale in April 2024, a 32.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 24
+100.0%
2 1514
-6.7%
3 36
+100.0%
4 47
+75.0%
5+ 12
+100.0%

Summary: The Side Creek housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
310+233.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Side Creek, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Side Creek in April 2024, up by 233.3% month-over-month. Of the 10 sold homes, 30% were sold under asking, 50% were sold at asking, and 20% were sold over asking.

Days on Market for Side Creek, CO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
100 Days30 Days-69.9%

Summary: Homes in Side Creek had an average of 30 days on market in Apr 2024, down by 69.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were 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

Many homes in Side Creek are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 10 homes were sold in Side Creek; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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 19 Days Ago

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