Is Northeast Jefferson, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Jefferson is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Northeast Jefferson, CO

How much do homes in Northeast Jefferson, CO cost?

Median Sold Price

$624,956

$320/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$15,278(+2.5%)

Key Takeaway

Homes in Northeast Jefferson have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Northeast Jefferson was $624,956 in April 2024, up 2.5% from last year, and the median price per square foot was $320.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $300K$285K
-5.0%
2 $400K$402.8K
+0.7%
3 $585K$585K
0.0%
4 $675.1K$690.3K
+2.2%
5+ $825K$826.2K
0.2%

Summary: Northeast Jefferson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 0.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 0.2%.

Median Sold Price Compared To Nearby Cities

Northeast Jefferson
+2.5%
Wheat Ridge
-1.4%
Edgewater
-13.3%

Housing Supply in Northeast Jefferson, CO

How many homes are available in Northeast Jefferson, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1,1071,681+51.9%

Summary: The Northeast Jefferson real estate market had 1,681 homes for sale in April 2024, a 51.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 3450
+47.1%
2 254379
+49.2%
3 328502
+53.0%
4 319502
+57.4%
5+ 172248
+44.2%

Summary: The Northeast Jefferson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 47.1%, 2 bedroom homes increased by 49.2%, 3 bedroom homes increased by 53%, 4 bedroom homes increased by 57.4%, and 5+ bedroom homes increased by 44.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
223519+132.7%

Asking Price vs. Sold Price

168 Homes Were Sold
Under Asking

135 Homes Were Sold
At Asking

216 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast Jefferson, you could pay more than the asking price. 41.6% of homes here sold above asking price last month.

Summary: A total of 519 homes were sold or pending in Northeast Jefferson in April 2024, up by 132.7% month-over-month. Of the 519 sold homes, 32% were sold under asking, 26% were sold at asking, and 42% were sold over asking.

Days on Market for Northeast Jefferson, CO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
15 Days20 Days+39.1%

Summary: Homes in Northeast Jefferson had an average of 20 days on market in Apr 2024, up by 39.1% compared to last year.

Breakdown of Home Sale Times

414 Homes Were Sold
Under 30 Days

78 Homes Were Sold
In 30 - 90 Days

27 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 519 homes were sold in Northeast Jefferson; 80% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 5% 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 2 Days Ago

Newest Listings in Northeast Jefferson, CO

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What housing markets are near Northeast Jefferson, CO?