Is North Capitol Hill / Uptown, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Capitol Hill / Uptown is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, North Capitol Hill / Uptown was a Seller's Market.

Key Takeaway

North Capitol Hill / Uptown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Capitol Hill / Uptown, CO

How much do homes in North Capitol Hill / Uptown, CO cost?

Median Sold Price

$454,950

$456/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,550(-0.6%)

Key Takeaway

Homes in North Capitol Hill / Uptown have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in North Capitol Hill / Uptown was $454,950 in October 2024, down 0.6% from last year, and the median price per square foot was $456.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $347K$300K
-13.5%
2 $538.9K$524K
-2.8%
3 $1.0M$720K
-30.4%
4 -$1.2M
N/A
5+ --
N/A

Summary: North Capitol Hill / Uptown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.5%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 30.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

City Park West
+15.4%
Curtis Park / Five Points
+3.8%
North Capitol Hill / Uptown
-0.6%
Central Business District
-10.0%

Housing Supply in North Capitol Hill / Uptown, CO

How many homes are available in North Capitol Hill / Uptown, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4148+17.1%

Summary: The North Capitol Hill / Uptown real estate market had 48 homes for sale in October 2024, a 17.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1519
+26.7%
2 2024
+20.0%
3 33
0.0%
4 11
0.0%
5+ 21
-50.0%

Summary: The North Capitol Hill / Uptown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Capitol Hill / Uptown, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in North Capitol Hill / Uptown in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for North Capitol Hill / Uptown, CO

How long does it take to sell a home in North Capitol Hill / Uptown, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
76 Days71 Days-6.8%

Summary: Homes in North Capitol Hill / Uptown had an average of 71 days on market in Oct 2024, down by 6.8% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in North Capitol Hill / Uptown has remained consistent over time.

Summary: During October 2024, 3 homes were sold in North Capitol Hill / Uptown; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

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