$8,182 Closing Credit*
$689,000
2,155 SqFt
5 Beds
•2 Full Baths, 1 Partial
Crystalle Guss, Listing Office: Invalesco Real Estate
Is Northeast Park Hill, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Northeast Park Hill has remained a Seller's Market.
Key Takeaway
Northeast Park Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northeast Park Hill, CO
How much do homes in Northeast Park Hill, CO cost?
Median Sold Price
$520,000
$323/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$97,500(-15.8%)
Key Takeaway
Homes in Northeast Park Hill have sold for 15.8% less than they did a month ago.
Summary: The median home sold price in Northeast Park Hill was $520,000 in November 2024, down 15.8% from last month, and the median price per square foot was $323.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $380K | $445K | +17.1% |
| 3 Bedrooms | $610K | $611K | 0.2% |
| 4 Bedrooms | $633.5K | $515K | -18.7% |
| 5+ Bedrooms | - | $600K | N/A |
Summary: Northeast Park Hill housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 18.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Oakland | $515K | $605.5K | +17.6% |
| Northeast Park Hill | $617.5K | $520K | -15.8% |
Housing Supply in Northeast Park Hill, CO
How many homes are available in Northeast Park Hill, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 49 | 0.0% |
Summary: The Northeast Park Hill real estate market had 49 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 15 | 10 | -33.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Northeast 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 increased by 12.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast Park Hill, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Northeast Park Hill in November 2024, down by 10.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Northeast Park Hill, CO
How long does it take to sell a home in Northeast Park Hill, CO?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 30 Days | -7.6% |
Summary: Homes in Northeast Park Hill had an average of 30 days on market in Nov 2024, down by 7.6% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Northeast Park Hill are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Northeast Park Hill; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved. 