$10,000 Closing Credit*
$1,500,000
2,444 SqFt
5 Beds
•3 Full Baths
Michael Coleman, Listing Office: The Agency - Denver
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 November 2023
At the same time last year, North Park Hill was a Seller's Market.
Key Takeaway
North Park Hill is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in North Park Hill, CO
How much do homes in North Park Hill, CO cost?
Median Sold Price
$673,499
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,500(-0.2%)
Key Takeaway
The sold price of homes in North Park Hill has remained the same since last year.
Summary: The median home sold price in North Park Hill was $673,499 in November 2024, down 0.2% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $547.5K | $550K | 0.5% |
| 3 Bedrooms | $683.5K | $642.5K | -6.0% |
| 4 Bedrooms | $743K | $776.5K | +4.5% |
| 5+ Bedrooms | $1.4M | $1.3M | -4.0% |
Summary: North Park Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 4%.
Housing Supply in North Park Hill, CO
How many homes are available in North Park Hill, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 47 | -6.0% |
Summary: The North Park Hill real estate market had 47 homes for sale in November 2024, a 6.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The North Park Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 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. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in North Park Hill in November 2024, down by 46.2% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 55 Days | +237.7% |
Summary: Homes in North Park Hill had an average of 55 days on market in Nov 2024, up by 237.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in North Park Hill has remained consistent over time.
Summary: During November 2024, 7 homes were sold in North Park Hill; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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