Is Hilltop, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hilltop was a Seller's Market.
Key Takeaway
Hilltop is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hilltop, CO
How much do homes in Hilltop, CO cost?
Median Sold Price
$1,597,500
$481/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Hilltop has remained the same since last year.
Summary: The median home sold price in Hilltop was $1,597,500 in April 2024, down 0.2% from last year, and the median price per square foot was $481.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $377K | N/A |
| 2 Bedrooms | $525K | $625K | +19.0% |
| 3 Bedrooms | $1.1M | $851.9K | -27.5% |
| 4 Bedrooms | $1.5M | $1.6M | +6.1% |
| 5+ Bedrooms | $2.6M | $2.3M | -10.3% |
Summary: Hilltop housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19%, 3 bedroom homes decreased by 27.5%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 10.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Hilltop | $1.6M | $1.5M | -0.2% |
| East Capitol Hill | $1.7M | $1.5M | -10.7% |
Housing Supply in Hilltop, CO
How many homes are available in Hilltop, CO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 40 | +33.3% |
Summary: The Hilltop real estate market had 40 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 6 | 13 | +116.7% |
| 5+ Bedrooms | 22 | 23 | +4.5% |
Summary: The Hilltop housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 116.7%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hilltop, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Hilltop in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Hilltop, CO
How long does it take to sell a home in Hilltop, CO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 52 Days | +9.7% |
Summary: Homes in Hilltop had an average of 52 days on market in Apr 2024, up by 9.7% compared to last year.
Breakdown of Home Sale Times
5 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 Hilltop are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Hilltop; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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