$6,638 Closing Credit*
$559,000
1,787 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kim Niles, Listing Office: eXp Realty, LLC
Is Seven Hills, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Seven Hills was a Buyer's Market.
Key Takeaway
Seven Hills 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 Seven Hills, CO
How much do homes in Seven Hills, CO cost?
Median Sold Price
$433,500
$268/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$28,500(-6.2%)
Key Takeaway
Homes in Seven Hills have sold for 6.2% less than they did a month ago.
Summary: The median home sold price in Seven Hills was $433,500 in October 2024, down 6.2% from last month, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $486.2K | $455K | -6.4% |
| 4 Bedrooms | $462K | - | N/A |
| 5+ Bedrooms | - | $412K | N/A |
Summary: Seven Hills housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Seven Hills | $462K | $433.5K | -6.2% |
| Seven Lakes | $462K | $412K | -10.8% |
Housing Supply in Seven Hills, CO
How many homes are available in Seven Hills, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 28 | +12.0% |
Summary: The Seven Hills real estate market had 28 homes for sale in October 2024, a 12.0% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Seven 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 remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seven Hills, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Seven Hills in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Seven Hills, CO
How long does it take to sell a home in Seven Hills, CO?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 10 Days | +42.9% |
Summary: Homes in Seven Hills had an average of 10 days on market in Oct 2024, up by 42.9% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seven Hills are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Seven Hills; 100% of homes were sold within 30 days, 0% 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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