Is Jefferson County, 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, Jefferson County has remained a Seller's Market.
Housing Prices in Jefferson County, CO
How much do homes in Jefferson County, CO cost?
Median Sold Price
$655,118
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jefferson County was $655,118 in April 2024, up 2.6% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $305K | $286.2K | -6.1% |
2 Bedrooms | $410.2K | $423.3K | +3.2% |
3 Bedrooms | $608.5K | $613.8K | +0.9% |
4 Bedrooms | $709K | $745K | +5.1% |
5+ Bedrooms | $900K | $917K | +1.9% |
Summary: Jefferson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.1%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Counties
Gilpin County | $545K | $564.5K | +3.6% |
Jefferson County | $638.2K | $655.1K | +2.6% |
Douglas County | $730K | $718.8K | -1.5% |
Denver County | $695.6K | $668.8K | -3.9% |
Clear Creek County | $652.5K | $542K | -16.9% |
Housing Supply in Jefferson County, CO
How many homes are available in Jefferson County, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,494 | 2,226 | +49.0% |
Summary: The Jefferson County real estate market had 2,226 homes for sale in April 2024, a 49.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 54 | 73 | +35.2% |
2 Bedrooms | 327 | 473 | +44.6% |
3 Bedrooms | 429 | 659 | +53.6% |
4 Bedrooms | 431 | 660 | +53.1% |
5+ Bedrooms | 253 | 361 | +42.7% |
Summary: The Jefferson County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 35.2%, 2 bedroom homes increased by 44.6%, 3 bedroom homes increased by 53.6%, 4 bedroom homes increased by 53.1%, and 5+ bedroom homes increased by 42.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
291 | 622 | +113.7% |
Asking Price vs. Sold Price
215 Homes Were Sold
Under Asking
161 Homes Were Sold
At Asking
246 Homes Were Sold
Over Asking
Summary: A total of 622 homes were sold or pending in Jefferson County in April 2024, up by 113.7% month-over-month. Of the 622 sold homes, 35% were sold under asking, 26% were sold at asking, and 40% were sold over asking.
Days on Market for Jefferson County, CO
How long does it take to sell a home in Jefferson County, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 23 Days | +42.2% |
Summary: Homes in Jefferson County had an average of 23 days on market in Apr 2024, up by 42.2% compared to last year.
Breakdown of Home Sale Times
489 Homes Were Sold
Under 30 Days
93 Homes Were Sold
In 30 - 90 Days
40 Homes Were Sold
Over 90 Days
Summary: During April 2024, 622 homes were sold in Jefferson County; 79% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.