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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Jefferson is a seller's market

Buyer's
Market

Difference Since November 2022

Since last year, Northeast Jefferson has remained a Seller's Market.

Key Takeaway

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

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

-$7,898(-1.3%)

Key Takeaway

Homes in Northeast Jefferson have sold for 1.3% less than they did a year ago.

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

# BEDSNov 2022Nov 2023CHANGE
1 $299K$285K
-4.7%
2 $400K$395K
-1.2%
3 $589.9K$572.5K
-3.0%
4 $677.2K$663.9K
-2.0%
5+ $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
-1.3%
Wheat Ridge
-3.5%
Edgewater
-8.5%

Housing Supply in Northeast Jefferson, CO

How many homes are available in Northeast Jefferson, CO?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
2,2662,084-8.0%

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

# BEDSOct 2023Nov 2023CHANGE
1 5957
-3.4%
2 429396
-7.7%
3 740683
-7.7%
4 673596
-11.4%
5+ 365352
-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 2023Nov 2023CHANGE
703581-17.4%

Asking Price vs. Sold Price

263 Homes Were Sold
Under Asking

145 Homes Were Sold
At Asking

173 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast Jefferson, you may be able to get a good deal. 45.3% of homes here sold below asking price last month.

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 2022Nov 2023CHANGE
34 Days34 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Northeast Jefferson are selling fast, if you're buying plan to act quickly.

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.

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

Report Updated 5 Days Ago

Newest Listings in Northeast Jefferson, CO

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