Is Capitol Hill, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Capitol Hill has remained a Seller's Market.
Housing Prices in Capitol Hill, CO
How much do homes in Capitol Hill, CO cost?
Median Sold Price
$398,500
$430/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Capitol Hill was $398,500 in April 2024, up 6.3% from last year, and the median price per square foot was $430.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $313.5K | $295K | -5.9% |
2 Bedrooms | $417.5K | $496K | +18.8% |
3 Bedrooms | $700K | $707.5K | +1.1% |
4 Bedrooms | $1.2M | $821K | -31.6% |
5+ Bedrooms | $1.3M | $1.0M | -25.0% |
Summary: Capitol Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 31.6%, and 5+ bedroom homes decreased by 25%.
Median Sold Price Compared To Nearby Neighborhoods
Capitol Hill | $375K | $398.5K | +6.3% |
Governor's Park | $395K | $370K | -6.3% |
North Capitol Hill / Uptown | $515K | $457.5K | -11.2% |
Housing Supply in Capitol Hill, CO
How many homes are available in Capitol Hill, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 74 | +34.5% |
Summary: The Capitol Hill real estate market had 74 homes for sale in April 2024, a 34.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 19 | 35 | +84.2% |
2 Bedrooms | 26 | 29 | +11.5% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 2 | 0 | -100.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Capitol Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 84.2%, 2 bedroom homes increased by 11.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 14 | +100.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Capitol Hill in April 2024, up by 100.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.
Days on Market for Capitol Hill, CO
How long does it take to sell a home in Capitol Hill, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 57 Days | +294.8% |
Summary: Homes in Capitol Hill had an average of 57 days on market in Apr 2024, up by 294.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Capitol Hill; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.