Is Jefferson, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Jefferson was a Buyer's Market.

Key Takeaway

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

Housing Prices in Jefferson, CO

How much do homes in Jefferson, CO cost?

Median Sold Price

$465,000

$303/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$15,000(-3.1%)

Key Takeaway

Homes in Jefferson have sold for 3.1% less than they did a month ago.

Summary: The median home sold price in Jefferson was $465,000 in May 2024, down 3.1% from last month, and the median price per square foot was $303.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $310K-
N/A
2 -$430K
N/A
3 $518K$505K
-2.5%
4 --
N/A
5+ --
N/A

Summary: Jefferson housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Grant
+56.3%
Jefferson
-3.1%

Housing Supply in Jefferson, CO

How many homes are available in Jefferson, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2139+85.7%

Summary: The Jefferson real estate market had 39 homes for sale in May 2024, a 85.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 35
+66.7%
2 817
+112.5%
3 914
+55.6%
4 13
+200.0%
5+ 00
0.0%

Summary: The Jefferson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 112.5%, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Jefferson in May 2024, up by 166.7% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.

Days on Market for Jefferson, CO

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

Average Sale Time

Apr 2024May 2024CHANGE
102 Days120 Days+18.5%

Summary: Homes in Jefferson had an average of 120 days on market in May 2024, up by 18.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Jefferson are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 8 homes were sold in Jefferson; 38% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 63% 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 20 Days Ago

Newest Listings in Jefferson, CO

Nearby Markets to Jefferson, CO

What housing markets are near Jefferson, CO?