Is Northeast Jefferson, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
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
$596,725
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Northeast Jefferson was $596,725 in November 2023, down 1.3% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $299K | $285K | -4.7% |
2 Bedrooms | $400K | $395K | -1.2% |
3 Bedrooms | $589.9K | $572.5K | -3.0% |
4 Bedrooms | $677.2K | $663.9K | -2.0% |
5+ Bedrooms | $785.7K | $774.9K | -1.4% |
Summary: Northeast Jefferson housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
Northeast Jefferson | $604.6K | $596.7K | -1.3% |
Wheat Ridge | $668.3K | $645K | -3.5% |
Edgewater | $710K | $650K | -8.5% |
Housing Supply in Northeast Jefferson, CO
How many homes are available in Northeast Jefferson, CO?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
2,266 | 2,084 | -8.0% |
Summary: The Northeast Jefferson real estate market had 2,084 homes for sale in November 2023, a 8.0% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 59 | 57 | -3.4% |
2 Bedrooms | 429 | 396 | -7.7% |
3 Bedrooms | 740 | 683 | -7.7% |
4 Bedrooms | 673 | 596 | -11.4% |
5+ Bedrooms | 365 | 352 | -3.6% |
Summary: The Northeast Jefferson housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.4%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 3.6%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
703 | 581 | -17.4% |
Asking Price vs. Sold Price
263 Homes Were Sold
Under Asking
145 Homes Were Sold
At Asking
173 Homes Were Sold
Over Asking
Summary: A total of 581 homes were sold or pending in Northeast Jefferson in November 2023, down by 17.4% month-over-month. Of the 581 sold homes, 45% were sold under asking, 25% were sold at asking, and 30% 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
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
34 Days | 34 Days | -0.1% |
Summary: Homes in Northeast Jefferson had an average of 34 days on market in Nov 2023, down by 0.1% compared to last year.
Breakdown of Home Sale Times
359 Homes Were Sold
Under 30 Days
171 Homes Were Sold
In 30 - 90 Days
51 Homes Were Sold
Over 90 Days
Summary: During November 2023, 581 homes were sold in Northeast Jefferson; 62% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.