Is Congress Park, 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, Congress Park has remained a Seller's Market.
Housing Prices in Congress Park, CO
How much do homes in Congress Park, CO cost?
Median Sold Price
$920,000
$459/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Congress Park was $920,000 in April 2024, down 3.2% from last year, and the median price per square foot was $459.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $262.5K | $295K | +12.4% |
2 Bedrooms | $538.5K | $660K | +22.6% |
3 Bedrooms | $915K | $831K | -9.2% |
4 Bedrooms | $1.3M | $1.0M | -17.5% |
5+ Bedrooms | $1.3M | $1.4M | 0.4% |
Summary: Congress Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.4%, 2 bedroom homes increased by 22.6%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes increased by 0.4%.
Housing Supply in Congress Park, CO
How many homes are available in Congress Park, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 39 | +95.0% |
Summary: The Congress Park real estate market had 39 homes for sale in April 2024, a 95.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 4 | 8 | +100.0% |
3 Bedrooms | 6 | 13 | +116.7% |
4 Bedrooms | 4 | 9 | +125.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Congress Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 116.7%, 4 bedroom homes increased by 125%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 7 | +250.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Congress Park in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Congress Park, CO
How long does it take to sell a home in Congress Park, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 11 Days | -32.9% |
Summary: Homes in Congress Park had an average of 11 days on market in Apr 2024, down by 32.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Congress Park; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.