Is Harvey Park South, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harvey Park South is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Harvey Park South has remained a Seller's Market.

Key Takeaway

Harvey Park South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Harvey Park South, CO

How much do homes in Harvey Park South, CO cost?

Median Sold Price

$542,500

$333/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$2,500(+0.5%)

Key Takeaway

The sold price of homes in Harvey Park South has remained the same since last month.

Summary: The median home sold price in Harvey Park South was $542,500 in November 2024, up 0.5% from last month, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $510K$410K
-19.6%
3 $469.3K$535K
+14.0%
4 $605K$550K
-9.1%
5+ $557.5K$600K
+7.6%

Summary: Harvey Park South housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.6%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 7.6%.

Housing Supply in Harvey Park South, CO

How many homes are available in Harvey Park South, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3531-11.4%

Summary: The Harvey Park South real estate market had 31 homes for sale in November 2024, a 11.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 89
+12.5%
4 118
-27.3%
5+ 1311
-15.4%

Summary: The Harvey Park South 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 15.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harvey Park South, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Harvey Park South in November 2024, down by 40.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.

Days on Market for Harvey Park South, CO

How long does it take to sell a home in Harvey Park South, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
49 Days40 Days-17.3%

Summary: Homes in Harvey Park South had an average of 40 days on market in Nov 2024, down by 17.3% compared to last month.

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 Harvey Park South are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Harvey Park South; 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 3 Days Ago

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MLS Disclaimers and Copyright

Based on information from REColorado for the period 10/01/2024 - 12/01/2024

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Last updated on: 12/4/2024, 1:12:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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