Is Jefferson, 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, Jefferson has remained a Seller's Market.
Housing Prices in Jefferson, CO
How much do homes in Jefferson, CO cost?
Median Sold Price
$430,000
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jefferson was $430,000 in March 2024, down 10.9% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $147.4K | $347.5K | +135.7% |
2 Bedrooms | $395K | $424.5K | +7.5% |
3 Bedrooms | $575K | $468.8K | -18.5% |
4 Bedrooms | - | $485K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Jefferson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 135.7%, 2 bedroom homes increased by 7.5%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Jefferson, CO
How many homes are available in Jefferson, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 27 | +17.4% |
Summary: The Jefferson real estate market had 27 homes for sale in March 2024, a 17.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jefferson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Jefferson in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
116 Days | 130 Days | +12.7% |
Summary: Homes in Jefferson had an average of 130 days on market in Mar 2024, up by 12.7% compared to last year.
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
Summary: During March 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.