Is Hampden South, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hampden South has remained a Seller's Market.
Key Takeaway
Hampden South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hampden South, CO
How much do homes in Hampden South, CO cost?
Median Sold Price
$507,333
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hampden South have sold for 20.8% more than they did a year ago.
Summary: The median home sold price in Hampden South was $507,333 in March 2024, up 20.8% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $244.9K | $207K | -15.5% |
| 2 Bedrooms | $330K | $330K | 0.0% |
| 3 Bedrooms | $440K | $405K | -8.0% |
| 4 Bedrooms | $690K | $742.5K | +7.6% |
| 5+ Bedrooms | $886K | $870K | -1.8% |
Summary: Hampden South housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.5%, 2 bedroom homes did not change, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 1.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Hampden South | $420K | $507.3K | +20.8% |
| Stoney Brook | $661K | $730K | +10.4% |
Housing Supply in Hampden South, CO
How many homes are available in Hampden South, CO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 111 | 113 | +1.8% |
Summary: The Hampden South real estate market had 113 homes for sale in March 2024, a 1.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 9 | +80.0% |
| 2 Bedrooms | 42 | 49 | +16.7% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 28 | 21 | -25.0% |
| 5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The Hampden South housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 35 | +20.7% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hampden South, you may be able to get a good deal. 48.6% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Hampden South in March 2024, up by 20.7% month-over-month. Of the 35 sold homes, 49% were sold under asking, 31% were sold at asking, and 20% were sold over asking.
Days on Market for Hampden South, CO
How long does it take to sell a home in Hampden South, CO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 26 Days | -26.4% |
Summary: Homes in Hampden South had an average of 26 days on market in Mar 2024, down by 26.4% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hampden South are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 35 homes were sold in Hampden South; 74% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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