Is University Hills, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, University Hills has remained a Seller's Market.
Housing Prices in University Hills, CO
How much do homes in University Hills, CO cost?
Median Sold Price
$632,000
$444/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in University Hills was $632,000 in April 2024, down 7.7% from last year, and the median price per square foot was $444.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $345K | N/A |
2 Bedrooms | $540K | $505K | -6.5% |
3 Bedrooms | $629K | $583.5K | -7.2% |
4 Bedrooms | $760K | $737.4K | -3.0% |
5+ Bedrooms | $996.5K | $1.2M | +21.2% |
Summary: University Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.5%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 21.2%.
Median Sold Price Compared To Nearby Neighborhoods
University Hills | $685K | $632K | -7.7% |
South University Place | $805K | $696K | -13.5% |
Housing Supply in University Hills, CO
How many homes are available in University Hills, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 47 | +34.3% |
Summary: The University Hills real estate market had 47 homes for sale in April 2024, a 34.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 13 | 20 | +53.8% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The University Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 53.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 13 | +116.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in University Hills in April 2024, up by 116.7% month-over-month. Of the 13 sold homes, 38% were sold under asking, 0% were sold at asking, and 62% were sold over asking.
Days on Market for University Hills, CO
How long does it take to sell a home in University Hills, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 12 Days | +82.4% |
Summary: Homes in University Hills had an average of 12 days on market in Apr 2024, up by 82.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in University Hills; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.