Is Northeast 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, Northeast Jefferson has remained a Seller's Market.
Housing Prices in Northeast Jefferson, CO
How much do homes in Northeast Jefferson, CO cost?
Median Sold Price
$604,844
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Northeast Jefferson was $604,844 in March 2024, up 0.8% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $282.5K | -5.8% |
2 Bedrooms | $399.9K | $399.8K | 0% |
3 Bedrooms | $580.6K | $577.5K | -0.5% |
4 Bedrooms | $671.8K | $678.5K | +1.0% |
5+ Bedrooms | $781.8K | $795.3K | +1.7% |
Summary: Northeast Jefferson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Cities
Northeast Jefferson | $599.9K | $604.8K | +0.8% |
Wheat Ridge | $658.2K | $630K | -4.3% |
Edgewater | $715.3K | $645K | -9.8% |
Housing Supply in Northeast Jefferson, CO
How many homes are available in Northeast Jefferson, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,866 | 2,283 | +22.3% |
Summary: The Northeast Jefferson real estate market had 2,283 homes for sale in March 2024, a 22.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 68 | 65 | -4.4% |
2 Bedrooms | 396 | 492 | +24.2% |
3 Bedrooms | 601 | 704 | +17.1% |
4 Bedrooms | 506 | 672 | +32.8% |
5+ Bedrooms | 295 | 350 | +18.6% |
Summary: The Northeast Jefferson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.4%, 2 bedroom homes increased by 24.2%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 32.8%, and 5+ bedroom homes increased by 18.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
553 | 710 | +28.4% |
Asking Price vs. Sold Price
234 Homes Were Sold
Under Asking
145 Homes Were Sold
At Asking
331 Homes Were Sold
Over Asking
Summary: A total of 710 homes were sold or pending in Northeast Jefferson in March 2024, up by 28.4% month-over-month. Of the 710 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% were sold over asking.
Days on Market for Northeast Jefferson, CO
How long does it take to sell a home in Northeast Jefferson, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 31 Days | -1.5% |
Summary: Homes in Northeast Jefferson had an average of 31 days on market in Mar 2024, down by 1.5% compared to last year.
Breakdown of Home Sale Times
531 Homes Were Sold
Under 30 Days
96 Homes Were Sold
In 30 - 90 Days
83 Homes Were Sold
Over 90 Days
Summary: During March 2024, 710 homes were sold in Northeast Jefferson; 75% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.