Is Central Jefferson, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Central Jefferson is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Central Jefferson has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Central Jefferson, CO

How much do homes in Central Jefferson, CO cost?

Median Sold Price

$904,475

$365/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,355(+0.6%)

Key Takeaway

Homes in Central Jefferson have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Central Jefferson was $904,475 in March 2024, up 0.6% from last year, and the median price per square foot was $365.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $378K$425.2K
+12.5%
2 $594.5K$540K
-9.2%
3 $780K$763K
-2.2%
4 $1.0M$1.0M
+1.7%
5+ $1.4M$1.4M
-1.5%

Summary: Central Jefferson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Cities

Morrison
+9.3%
Evergreen
+4.0%
Central Jefferson
+0.6%
Conifer
0.5%

Housing Supply in Central Jefferson, CO

How many homes are available in Central Jefferson, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
162187+15.4%

Summary: The Central Jefferson real estate market had 187 homes for sale in March 2024, a 15.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1012
+20.0%
2 1113
+18.2%
3 4255
+31.0%
4 4656
+21.7%
5+ 5351
-3.8%

Summary: The Central Jefferson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes decreased by 3.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3952+33.3%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Central Jefferson, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 52 homes were sold or pending in Central Jefferson in March 2024, up by 33.3% month-over-month. Of the 52 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Central Jefferson, CO

How long does it take to sell a home in Central Jefferson, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
39 Days71 Days+81.1%

Summary: Homes in Central Jefferson had an average of 71 days on market in Mar 2024, up by 81.1% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 52 homes were sold in Central Jefferson; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 23% 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 25 Days Ago

Newest Listings in Central Jefferson, CO

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