Is Burlington Capitol Hill, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Burlington Capitol Hill is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Burlington Capitol Hill has remained a Seller's Market.

Key Takeaway

Burlington Capitol Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Burlington Capitol Hill, CO

How much do homes in Burlington Capitol Hill, CO cost?

Median Sold Price

$1,100,000

$446/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$50,000(-4.3%)

Key Takeaway

Homes in Burlington Capitol Hill have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in Burlington Capitol Hill was $1,100,000 in November 2024, down 4.3% from last year, and the median price per square foot was $446.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$425K
N/A
2 $725.2K$770K
+6.2%
3 $1.0M$1.5M
+40.0%
4 $1.6M$1.4M
-7.1%
5+ --
N/A

Summary: Burlington Capitol Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Cherry Creek
+11.3%
Harmans
+8.7%
Hilltop
+7.9%
Burlington Capitol Hill
-4.3%

Housing Supply in Burlington Capitol Hill, CO

How many homes are available in Burlington Capitol Hill, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2123+9.5%

Summary: The Burlington Capitol Hill real estate market had 23 homes for sale in November 2024, a 9.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 78
+14.3%
3 76
-14.3%
4 57
+40.0%
5+ 00
0.0%

Summary: The Burlington Capitol Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Burlington Capitol Hill, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Burlington Capitol Hill in November 2024, up by 500.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Burlington Capitol Hill, CO

How long does it take to sell a home in Burlington Capitol Hill, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
72 Days47 Days-34.7%

Summary: Homes in Burlington Capitol Hill had an average of 47 days on market in Nov 2024, down by 34.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Burlington Capitol Hill are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Burlington Capitol Hill; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 22 Days Ago

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