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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Park Hill is a seller's market

Buyer's
Market

Difference Since June 2021

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

Key Takeaway

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

How much do homes in North Park Hill, CO cost?

Median Sold Price

$715,000

$421/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$116,666(+19.5%)

Key Takeaway

Homes in North Park Hill have sold for 19.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 --
N/A
2 $415K$510K
+22.9%
3 $563.5K$700K
+24.2%
4 $700K$864.2K
+23.5%
5+ $920K$864.9K
-6.0%

Median Sold Price Compared To Nearby Neighborhoods

North Park Hill
+19.5%
Watertown Place
-6.0%

How many homes are available in North Park Hill, CO?

Number of Homes For Sale

May 2022Jun 2022%
7378+6.8%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 00
0.0%
2 69
+50.0%
3 3738
+2.7%
4 2623
-11.5%
5+ 48
+100.0%

Number of Homes Sold

May 2022Jun 2022%
3425-26.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Park Hill, you could pay more than the asking price. 72% of homes here sold above asking price last month.

Average Sale Time

Jun 2021Jun 2022%
31 Days30 Days-3.3%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About North Park Hill, CO

Number of homes for sale in North Park Hill, CO real estate market have reached 78. The inventory of homes for sale in North Park Hill, CO between May 2022 and June 2022 increased by 6.8%. While the average time on the market in June 2022 was 30 days, the median list price was $715,000. From May 2022 through June 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 22.9%, prices of 3 bedrooms properties increased by 24.2%, the cost of 4 bedrooms properties went up by 23.5%, 5 bedrooms properties became 6% more cheaper. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes became 50% more available, 3 bedrooms homes became 2.7% more available, 4 bedrooms homes became 11.5% less available, 5 bedrooms homes inventory increased by 100%. In June 2022 more than 18 listings in North Park Hill, CO were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 4 were sold below.