$2,600,000
10,119 SqFt
8 Beds
•7 Baths
Bobby Reginelli, Listing Office: MODUS Real Estate
Is Congress Park, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Congress Park was a Seller's Market.
Key Takeaway
Congress Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Congress Park, CO
How much do homes in Congress Park, CO cost?
Median Sold Price
$925,000
$447/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+0.5%)
Key Takeaway
Homes in Congress Park have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in Congress Park was $925,000 in November 2024, up 0.5% from last year, and the median price per square foot was $447.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $280K | -5.1% |
| 2 Bedrooms | $684.5K | $535K | -21.8% |
| 3 Bedrooms | $765K | $908.5K | +18.8% |
| 4 Bedrooms | $1.1M | $1.1M | +6.2% |
| 5+ Bedrooms | $1.4M | $1.4M | +5.9% |
Summary: Congress Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes decreased by 21.8%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 5.9%.
Housing Supply in Congress Park, CO
How many homes are available in Congress Park, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 52 | +18.2% |
Summary: The Congress Park real estate market had 52 homes for sale in November 2024, a 18.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 10 | +42.9% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Congress Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 7.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Congress Park, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Congress Park in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Congress Park, CO
How long does it take to sell a home in Congress Park, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 46 Days | +60.6% |
Summary: Homes in Congress Park had an average of 46 days on market in Nov 2024, up by 60.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Congress Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Congress Park; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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