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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kipling Hills is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Kipling Hills was a Buyer's Market.

Key Takeaway

Kipling Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kipling Hills, CO

How much do homes in Kipling Hills, CO cost?

Median Sold Price

$554,950

$343/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$22,550(-3.9%)

Key Takeaway

Homes in Kipling Hills have sold for 3.9% less than they did a month ago.

Summary: The median home sold price in Kipling Hills was $554,950 in September 2024, down 3.9% from last month, and the median price per square foot was $343.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 -$549.9K
N/A
3 $577.5K$608K
+5.3%
4 -$562.5K
N/A
5+ --
N/A

Summary: Kipling Hills housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Kipling Hills, CO

How many homes are available in Kipling Hills, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2125+19.0%

Summary: The Kipling Hills real estate market had 25 homes for sale in September 2024, a 19.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 89
+12.5%
4 78
+14.3%
5+ 33
0.0%

Summary: The Kipling Hills housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kipling Hills, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Kipling Hills in September 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for Kipling Hills, CO

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

Average Sale Time

Aug 2024Sep 2024CHANGE
20 Days15 Days-26.8%

Summary: Homes in Kipling Hills had an average of 15 days on market in Sep 2024, down by 26.8% compared to last month.

Breakdown of Home Sale Times

5 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 Kipling Hills are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 6 homes were sold in Kipling Hills; 83% of homes were sold within 30 days, 17% 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 Sep 1, 2024

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