$7,481 Closing Credit*
$630,000
1,403 SqFt
3 Beds
•2 Baths
Nan Neville, Listing Office: Keller Williams DTC
Is North Park Hill, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, North Park Hill has remained a Seller's Market.
Key Takeaway
North Park Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Park Hill, CO
How much do homes in North Park Hill, CO cost?
Median Sold Price
$659,000
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$111,000(-14.4%)
Key Takeaway
Homes in North Park Hill have sold for 14.4% less than they did a year ago.
Summary: The median home sold price in North Park Hill was $659,000 in October 2024, down 14.4% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $545K | $550.1K | +0.9% |
| 3 Bedrooms | $642K | $642.5K | 0.1% |
| 4 Bedrooms | $819.5K | $746K | -9.0% |
| 5+ Bedrooms | $1.3M | $1.3M | 0.3% |
Summary: North Park Hill 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 0.9%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes increased by 0.3%.
Housing Supply in North Park Hill, CO
How many homes are available in North Park Hill, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 54 | +1.9% |
Summary: The North Park Hill real estate market had 54 homes for sale in October 2024, a 1.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 27 | 24 | -11.1% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The North Park Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Park Hill, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in North Park Hill in October 2024, down by 7.1% month-over-month. Of the 13 sold homes, 46% were sold under asking, 38% were sold at asking, and 15% were sold over asking.
Days on Market for North Park Hill, CO
How long does it take to sell a home in North Park Hill, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 30 Days | +17.2% |
Summary: Homes in North Park Hill had an average of 30 days on market in Oct 2024, up by 17.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Park Hill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in North Park Hill; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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