Is Jefferson, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Jefferson has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Jefferson, CO

How much do homes in Jefferson, CO cost?

Median Sold Price

$554,250

$344/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$134,250(+32.0%)

Key Takeaway

Homes in Jefferson have sold for 32% more than they did a month ago.

Summary: The median home sold price in Jefferson was $554,250 in October 2024, up 32% from last month, and the median price per square foot was $344.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$181.2K
N/A
2 $420K$497.5K
+18.5%
3 $411.5K$560K
+36.1%
4 -$675K
N/A
5+ --
N/A

Summary: Jefferson housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 36.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Jefferson, CO

How many homes are available in Jefferson, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5759+3.5%

Summary: The Jefferson real estate market had 59 homes for sale in October 2024, a 3.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 108
-20.0%
2 1821
+16.7%
3 2627
+3.8%
4 22
0.0%
5+ 11
0.0%

Summary: The Jefferson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Jefferson in October 2024, up by 166.7% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Jefferson, CO

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

Average Sale Time

Sep 2024Oct 2024CHANGE
41 Days70 Days+68.3%

Summary: Homes in Jefferson had an average of 70 days on market in Oct 2024, up by 68.3% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Jefferson; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% 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 16 Days Ago

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Last updated on: 11/17/2024, 11:12:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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