$7,500
0.16 Acres
Land
Kimberlee Salimeno, Listing Office: Keller Williams Clients Choice Realty
September 2024
Report Updated 30 Days Ago
Is Northgate Area, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Northgate Area was a Seller's Market.
How much do homes in Northgate Area, CO cost?
$752,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in Northgate Area was $752,000 in September 2024, up 0.3% from last year, and the median price per square foot was $227.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $455K | - | N/A |
3 Bedrooms | $463.7K | $535K | +15.4% |
4 Bedrooms | $820K | $734K | -10.5% |
5+ Bedrooms | $799.9K | $860K | +7.5% |
Summary: Northgate Area housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 7.5%.
Northgate Area | $750K | $752K | 0.3% |
Flying Horse | $920K | $890K | -3.3% |
How many homes are available in Northgate Area, CO?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
157 | 183 | +16.6% |
Summary: The Northgate Area real estate market had 183 homes for sale in September 2024, a 16.6% increase compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 33 | 40 | +21.2% |
4 Bedrooms | 52 | 59 | +13.5% |
5+ Bedrooms | 68 | 78 | +14.7% |
Summary: The Northgate Area housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 14.7%.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Northgate Area in September 2024, up by 14.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
How long does it take to sell a home in Northgate Area, CO?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
66 Days | 34 Days | -47.2% |
Summary: Homes in Northgate Area had an average of 34 days on market in Sep 2024, down by 47.2% compared to last year.
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During September 2024, 16 homes were sold in Northgate Area; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% 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 30 Days Ago
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Based on information from Pikes Peak MLS / Colorado Springs Realtor Services Corp., and REColorado for the period 10/01/2022 - 10/01/2024
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