Is Jefferson County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$651,038
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jefferson County was $651,038 in May 2024, up 3.3% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $299.5K | $280K | -6.5% |
2 Bedrooms | $410K | $415.3K | +1.3% |
3 Bedrooms | $600K | $615.5K | +2.6% |
4 Bedrooms | $702.8K | $747.5K | +6.3% |
5+ Bedrooms | $893K | $899.7K | +0.8% |
Summary: Jefferson County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.5%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Counties
Gilpin County | $542.5K | $566.2K | +4.4% |
Jefferson County | $630.4K | $651K | +3.3% |
Douglas County | $725.4K | $717.3K | -1.1% |
Denver County | $688.1K | $663.6K | -3.6% |
Clear Creek County | $646.2K | $546K | -15.5% |
Housing Supply in Jefferson County, CO
How many homes are available in Jefferson County, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2,355 | 3,081 | +30.8% |
Summary: The Jefferson County real estate market had 3,081 homes for sale in May 2024, a 30.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 71 | 101 | +42.3% |
2 Bedrooms | 515 | 641 | +24.5% |
3 Bedrooms | 699 | 916 | +31.0% |
4 Bedrooms | 694 | 910 | +31.1% |
5+ Bedrooms | 376 | 513 | +36.4% |
Summary: The Jefferson County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.3%, 2 bedroom homes increased by 24.5%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
641 | 834 | +30.1% |
Asking Price vs. Sold Price
302 Homes Were Sold
Under Asking
191 Homes Were Sold
At Asking
341 Homes Were Sold
Over Asking
Summary: A total of 834 homes were sold or pending in Jefferson County in May 2024, up by 30.1% month-over-month. Of the 834 sold homes, 36% were sold under asking, 23% were sold at asking, and 41% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
14 Days | 19 Days | +30.6% |
Summary: Homes in Jefferson County had an average of 19 days on market in May 2024, up by 30.6% compared to last year.
Breakdown of Home Sale Times
677 Homes Were Sold
Under 30 Days
128 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Summary: During May 2024, 834 homes were sold in Jefferson County; 81% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.