Blackstone · September 2026
Blackstone Market Report
Eight properties closed, but one was land not a home. The clearest homeowner story comes from the seven single family sales, a $878,286 average sold price and a higher-priced contract pipeline.
The Quick Answer
Blackstone had more activity and a mixed property sample.
The workbook recorded eight September 2026 closings, up from one in September 2025. That is a 700% increase, but the comparison starts from an unusually small one, sale base and should not be treated as a broad trend by itself.
Seven of this September’s transactions were single family homes and one was an improved land sale at $189,000. Including the lot produces a community-wide average of $792,125. Looking only at the seven homes produces a more useful homeowner benchmark of $878,286, up 28.2% from last September’s one home at $685,000.
Property Mix Matters
One land sale changes the headline average.
Use the right comparison for your home.
The land transaction is a valid closed sale and remains in the required total, inventory formula and dataset wide price range. It is separated from the home only pricing analysis because a homesite does not provide a useful value comparison for a finished residence.
All eight closings: $792,125 average sold price.
Seven home sales: $878,286 average sold price.
One land sale: $189,000.
No condo or townhome closing was recorded for September. All seven closed homes had four or more bedrooms, so the month does not provide a smaller bedroom segment for comparison.
Year-Over-Year Detail
September’s homes sold higher, but the prior year sample was only one sale.
| Single family metric | September 2026 | September 2025 | Change or context |
|---|---|---|---|
| Closed home sales | 7 | 1 | +6 sales |
| Average sold price | $878,286 | $685,000 | +28.2% |
| Median sold price | $800,000 | $685,000 | Seven-home median versus one sale |
| Average price per sq. ft. | $176 | $155 | +13.5% |
| Average home size | 4,998 sq. ft. | 4,422 sq. ft. | +13.0% |
| Average days on market | 49.1 | 23 | 26.1 days longer |
| Sold-to-original-list ratio | 96.6% | 94.5% | +2.1 percentage points |
| Sold within 7 days | 0 of 7 | 0 of 1 | No fast-sale closings in either sample |
| Price reduced before sale | 4 of 7 · 57.1% | 1 of 1 · 100% | 42.9 points lower · small samples |
| New listings, prior 30 days | 2 | 3 | −33.3% |
Reading the year-over-year result: Green identifies an increase or a direction that generally favors current market performance; red identifies a decline or slower result. September 2026’s seven homes averaged about 13% more square footage than the single home sold in September 2025, so size, condition, golf-course exposure, basement finish and lot position still matter more than color alone.
Where Buyers Are Shopping
The available market leans higher than September’s home sales.
September home sales
Active homes
September’s seven home sales ranged from $608,000 to $1,150,000 with an $800,000 median. Active asking prices ranged from $734,900 to $1,650,000 with a $977,000 median. Nearly half of the current active homes are listed at $1 million or more.
Current Market Board
Supply is moderate, while pending activity sits at the top of the range.
The active and pending figures are current snapshots, not year-over-year comparisons. The required inventory formula is 18 active listings divided by eight September closings, or 2.25 months, rounded to 2.3. Because one closing was land while every active listing was a home, a home only cross check is 18 divided by seven, or about 2.6 months.
Both pending properties were listed above September’s highest home closing. Pending asking prices are not final sold prices.
The 18 active homes averaged 5,144 square feet and 127 days on market, with a median market time of 131 days.
Residential Price Trend
Home only averages moved with a small and changing sales mix.
The chart removes land transactions and follows Blackstone’s single family closings in 2026. Monthly home averages ranged from $728,250 in June to $1,055,625 in April. The dotted February bridge preserves the monthly timeline without presenting a made-up price value.
Recorded Sold-Price Range
The full dataset spans land and luxury homes.
These are the lowest and highest valid sold prices across all 42 unique closed records in the supplied dataset, not September-only figures.
Closed September 21, 2026
Closed April 24, 2026
Homeowner context: the lowest single family sold price in the dataset was $608,000. The $189,000 dataset low is retained because it is a valid closed record, but it should not be used as a house-value comparable.
Homeowner Decisions
Position your home for the segment buyers can actually compare.
For Blackstone sellers
- Compare against single family homes with similar square footage, basement finish, lot and golf-course relationship—not the $792,125 all-property average.
- Review the eight active homes priced at $1 million or more before setting an upper-tier asking price.
- Price the first launch carefully: four of seven September home sales closed below their original list price.
- Plan for time. September’s homes averaged 49 days on market, and active homes showed a 131-day median at the report date.
For Blackstone buyers
- Use the 18 active choices to compare usable space, condition, club-adjacent setting and future maintenance—not asking price alone.
- Do not assume the two $1.5M-range pending listings will close at their asking prices; wait for recorded sold prices before treating them as comparables.
- Separate land and home transactions when evaluating value.
- Review original list price and days on market when deciding how much negotiating room may exist.
Should you finish a basement, add a bedroom or keep a large recreation area?
The data shows Blackstone buyers encountered large homes—September’s home sales averaged about 4,998 square feet—but it does not isolate the return from any one improvement. Before remodeling, compare nearby homes with similar above-grade space, confirm permits and bedroom egress requirements, and decide whether buyers in your price tier are more likely to value a legal bedroom, office, fitness space or a flexible open recreation area.
Financing Context
Mortgage rates still shape the buyer’s monthly payment.
The average weekly 30-year fixed mortgage rate was approximately 6.86% in September 2026, compared with approximately 6.35% in September 2025. A buyer’s actual rate depends on credit, down payment, loan program and timing. Source: Freddie Mac Primary Mortgage Market Survey archive.
What Do These Numbers Mean?
Blackstone market report questions
Why are there two September average prices?
The $792,125 figure includes all eight closings, including a $189,000 land sale. The $878,286 home only average uses the seven single family closings and is more relevant to homeowners.
Did Blackstone home prices really rise 28.2%?
The home only September average was 28.2% higher than last year, but September 2025 had only one sale. That makes the percentage useful context, not proof that every Blackstone home gained 28.2%.
Does Blackstone have 2.3 months of inventory?
Using the required formula, yes: 18 active listings divided by eight September closings equals 2.25 months, rounded to 2.3. Since one closing was land and all active listings were homes, a home only cross-check is about 2.6 months.
Are “Sold Price” and “Close Price” the same in these reports?
Yes. This workbook labels the final recorded sale amount “Sold Price.” It is treated as equivalent to “Close Price” for pricing metrics and the dataset, wide high and low.
Can this report tell me what my Blackstone home is worth?
No. It provides community context. A useful value range requires a review of your home’s size, condition, updates, basement, lot, golf-course relationship and the most comparable recent sales.
Local Real Estate Guidance
Put Blackstone’s numbers in context for your home.
John Nichols
Real Estate Advisor | Coldwell Banker Realty
720.877.1940 · CORealestateJohn@gmail.com
ColoradoBuyAndSellHomes.com
This report is for general informational purposes only. It is not an appraisal and does not guarantee the value, marketability or future sale price of any individual property. Verify property details, club or district obligations and obtain advice specific to your circumstances.
