Is Hutchinson Hills, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hutchinson Hills is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Hutchinson Hills was a Seller's Market.

Key Takeaway

Hutchinson Hills is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hutchinson Hills, CO

How much do homes in Hutchinson Hills, CO cost?

Median Sold Price

$702,750

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,250(+6.1%)

Key Takeaway

Homes in Hutchinson Hills have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Hutchinson Hills was $702,750 in October 2024, up 6.1% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $576K$622.5K
+8.1%
4 $669K$725K
+8.4%
5+ $688.2K$719K
+4.5%

Summary: Hutchinson Hills 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 did not change, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 4.5%.

Housing Supply in Hutchinson Hills, CO

How many homes are available in Hutchinson Hills, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2633+26.9%

Summary: The Hutchinson Hills real estate market had 33 homes for sale in October 2024, a 26.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 1012
+20.0%
5+ 1116
+45.5%

Summary: The Hutchinson Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 45.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hutchinson Hills, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Hutchinson Hills in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Hutchinson Hills, CO

How long does it take to sell a home in Hutchinson Hills, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days12 Days+61.5%

Summary: Homes in Hutchinson Hills had an average of 12 days on market in Oct 2024, up by 61.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hutchinson Hills are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Hutchinson Hills; 80% of homes were sold within 30 days, 20% 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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