Is Northeast Jefferson, 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, Northeast Jefferson has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $285K | -5.0% |
2 Bedrooms | $400K | $402.8K | +0.7% |
3 Bedrooms | $585K | $585K | 0.0% |
4 Bedrooms | $675.1K | $690.3K | +2.2% |
5+ Bedrooms | $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 | $609.6K | $624.9K | +2.5% |
Wheat Ridge | $678.5K | $668.7K | -1.4% |
Edgewater | $715K | $620K | -13.3% |
Housing Supply in Northeast Jefferson, CO
How many homes are available in Northeast Jefferson, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,107 | 1,681 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 34 | 50 | +47.1% |
2 Bedrooms | 254 | 379 | +49.2% |
3 Bedrooms | 328 | 502 | +53.0% |
4 Bedrooms | 319 | 502 | +57.4% |
5+ Bedrooms | 172 | 248 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
223 | 519 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 20 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
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.