Is South 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, South Jefferson has remained a Seller's Market.
Housing Prices in South Jefferson, CO
How much do homes in South Jefferson, CO cost?
Median Sold Price
$964,650
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Jefferson was $964,650 in April 2024, up 4.4% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $405K | $349K | -13.8% |
2 Bedrooms | $565K | $600K | +6.2% |
3 Bedrooms | $785K | $808.9K | +3.0% |
4 Bedrooms | $980K | $1.1M | +12.2% |
5+ Bedrooms | $1.4M | $1.5M | +9.8% |
Summary: South Jefferson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.8%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 9.8%.
Housing Supply in South Jefferson, CO
How many homes are available in South Jefferson, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
93 | 136 | +46.2% |
Summary: The South Jefferson real estate market had 136 homes for sale in April 2024, a 46.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 16 | 16 | 0.0% |
3 Bedrooms | 23 | 44 | +91.3% |
4 Bedrooms | 31 | 45 | +45.2% |
5+ Bedrooms | 22 | 30 | +36.4% |
Summary: The South Jefferson 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 remained the same, 3 bedroom homes increased by 91.3%, 4 bedroom homes increased by 45.2%, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 34 | +112.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in South Jefferson in April 2024, up by 112.5% month-over-month. Of the 34 sold homes, 50% were sold under asking, 26% were sold at asking, and 24% were sold over asking.
Days on Market for South Jefferson, CO
How long does it take to sell a home in South Jefferson, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 44 Days | +185.2% |
Summary: Homes in South Jefferson had an average of 44 days on market in Apr 2024, up by 185.2% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 34 homes were sold in South Jefferson; 71% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.