Is River North (RiNo), CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, River North (RiNo) was a Buyer's Market.
Housing Prices in River North (RiNo), CO
How much do homes in River North (RiNo), CO cost?
Median Sold Price
$402,500
$386/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in River North (RiNo) was $402,500 in March 2024, up 2% from last month, and the median price per square foot was $386.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $340K | N/A |
2 Bedrooms | $394.5K | $245K | -37.9% |
3 Bedrooms | - | $465K | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: River North (RiNo) housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Garden Place | $394.5K | $465K | +17.9% |
River North (RiNo) | $394.5K | $402.5K | +2.0% |
Housing Supply in River North (RiNo), CO
How many homes are available in River North (RiNo), CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 19 | +26.7% |
Summary: The River North (RiNo) real estate market had 19 homes for sale in March 2024, a 26.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The River North (RiNo) housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in River North (RiNo) in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for River North (RiNo), CO
How long does it take to sell a home in River North (RiNo), CO?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
86 Days | 118 Days | +37.2% |
Summary: Homes in River North (RiNo) had an average of 118 days on market in Mar 2024, up by 37.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in River North (RiNo); 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.