Is Northglenn, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northglenn is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Northglenn, CO

How much do homes in Northglenn, CO cost?

Median Sold Price

$490,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$19,500(+4.1%)

Key Takeaway

Homes in Northglenn have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Northglenn was $490,000 in June 2024, up 4.1% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $315K-
N/A
2 $440K$410K
-6.8%
3 $470K$475.7K
+1.2%
4 $502K$504.9K
+0.6%
5+ $470K$525K
+11.7%

Summary: Northglenn housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 11.7%.

Median Sold Price Compared To Nearby Cities

Northglenn
+4.1%
Thornton
+3.6%
Broomfield
+2.7%
West Adams
+1.1%
Westminster
0.0%

Housing Supply in Northglenn, CO

How many homes are available in Northglenn, CO?

Number of Homes For Sale

May 2024Jun 2024CHANGE
140129-7.9%

Summary: The Northglenn real estate market had 129 homes for sale in June 2024, a 7.9% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 1412
-14.3%
3 5754
-5.3%
4 5248
-7.7%
5+ 1715
-11.8%

Summary: The Northglenn housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 11.8%.

Number of Homes Sold

May 2024Jun 2024CHANGE
5131-39.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northglenn, you could pay more than the asking price. 64.5% of homes here sold above asking price last month.

Summary: A total of 31 homes were sold or pending in Northglenn in June 2024, down by 39.2% month-over-month. Of the 31 sold homes, 10% were sold under asking, 26% were sold at asking, and 65% were sold over asking.

Days on Market for Northglenn, CO

How long does it take to sell a home in Northglenn, CO?

Average Sale Time

Jun 2023Jun 2024CHANGE
15 Days13 Days-12.1%

Summary: Homes in Northglenn had an average of 13 days on market in Jun 2024, down by 12.1% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 31 homes were sold in Northglenn; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% 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 26 Days Ago

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