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 buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Burlington Capitol Hill was a Neutral Market.

Key Takeaway

Burlington Capitol Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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 October 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 October 2024, down 4.3% from last year, and the median price per square foot was $446.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$425K
N/A
2 $725K$750K
+3.4%
3 $1.0M$1.5M
+40.0%
4 $1.3M$1.5M
+9.6%
5+ $1.7M-
N/A

Summary: Burlington Capitol Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Hilltop
+12.2%
Cherry Creek
+6.6%
Harmans
+6.4%
The Eastern Capitol Hill
-1.1%
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

Sep 2024Oct 2024CHANGE
1925+31.6%

Summary: The Burlington Capitol Hill real estate market had 25 homes for sale in October 2024, a 31.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 88
0.0%
3 48
+100.0%
4 67
+16.7%
5+ 00
0.0%

Summary: The Burlington Capitol Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Burlington Capitol Hill in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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

Oct 2023Oct 2024CHANGE
51 Days17 Days-66.7%

Summary: Homes in Burlington Capitol Hill had an average of 17 days on market in Oct 2024, down by 66.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 1 homes were sold in Burlington Capitol Hill; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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