Is Harvey Park 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, Harvey Park South has remained a Seller's Market.
Key Takeaway
Harvey Park South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harvey Park South, CO
How much do homes in Harvey Park South, CO cost?
Median Sold Price
$552,500
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Harvey Park South have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Harvey Park South was $552,500 in March 2024, down 4.3% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $725K | $483K | -33.4% |
| 2 Bedrooms | $490K | $415K | -15.3% |
| 3 Bedrooms | $550K | $524K | -4.7% |
| 4 Bedrooms | $607.5K | $585K | -3.7% |
| 5+ Bedrooms | $602.5K | $620K | +2.9% |
Summary: Harvey Park South housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.4%, 2 bedroom homes decreased by 15.3%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 2.9%.
Housing Supply in Harvey Park South, CO
How many homes are available in Harvey Park South, CO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 29 | +20.8% |
Summary: The Harvey Park South real estate market had 29 homes for sale in March 2024, a 20.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The Harvey Park South 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 200%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 12 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harvey Park South, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Harvey Park South in March 2024, up by 100.0% month-over-month. Of the 12 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for Harvey Park South, CO
How long does it take to sell a home in Harvey Park South, CO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 8 Days | 25 Days | +195.2% |
Summary: Homes in Harvey Park South had an average of 25 days on market in Mar 2024, up by 195.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Harvey Park South are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in Harvey Park South; 92% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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