$7,600 Closing Credit*
$640,000
1,828 SqFt
5 Beds
•3 Full Baths, 1 Partial
Michelle Ziesch, Listing Office: Orchard Brokerage LLC
Is Kipling Hills, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 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
$580,000
$325/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$53,000(+10.1%)
Key Takeaway
Homes in Kipling Hills have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Kipling Hills was $580,000 in October 2024, up 10.1% from last year, and the median price per square foot was $325.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $480K | $546.9K | +13.9% |
| 3 Bedrooms | $527K | $549K | +4.2% |
| 4 Bedrooms | $561.7K | $597K | +6.3% |
| 5+ Bedrooms | $637K | $642.2K | +0.8% |
Summary: Kipling 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 increased by 13.9%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 0.8%.
Housing Supply in Kipling Hills, CO
How many homes are available in Kipling Hills, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Summary: The Kipling Hills real estate market had 22 homes for sale in October 2024, a 4.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Kipling 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 decreased by 60%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kipling Hills, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Kipling Hills in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 43 Days | +173.7% |
Summary: Homes in Kipling Hills had an average of 43 days on market in Oct 2024, up by 173.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kipling Hills has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Kipling Hills; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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