Is Harvey Park, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harvey Park is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Harvey Park has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Harvey Park, CO

How much do homes in Harvey Park, CO cost?

Median Sold Price

$515,000

$366/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$27,000(-5.0%)

Key Takeaway

Homes in Harvey Park have sold for 5% less than they did a year ago.

Summary: The median home sold price in Harvey Park was $515,000 in March 2024, down 5% from last year, and the median price per square foot was $366.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $467K$433K
-7.3%
3 $530K$500.5K
-5.6%
4 $570K$552.5K
-3.1%
5+ $605K$620K
+2.5%

Summary: Harvey Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.3%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 2.5%.

Median Sold Price Compared To Nearby Neighborhoods

Lakewood Estates
+2.8%
Harvey Park
-5.0%
Sunpointe
-12.2%

Housing Supply in Harvey Park, CO

How many homes are available in Harvey Park, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4162+51.2%

Summary: The Harvey Park real estate market had 62 homes for sale in March 2024, a 51.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 912
+33.3%
3 1315
+15.4%
4 1523
+53.3%
5+ 412
+200.0%

Summary: The Harvey Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 53.3%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1416+14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harvey Park, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 16 homes were sold or pending in Harvey Park in March 2024, up by 14.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 50% were sold at asking, and 19% were sold over asking.

Days on Market for Harvey Park, CO

How long does it take to sell a home in Harvey Park, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
29 Days67 Days+132.3%

Summary: Homes in Harvey Park had an average of 67 days on market in Mar 2024, up by 132.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 16 homes were sold in Harvey Park; 44% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 25% 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 11 Days Ago

Newest Listings in Harvey Park, CO

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