Is Seven Hills, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seven Hills is a 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 Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Seven Hills, CO

How much do homes in Seven Hills, CO cost?

Median Sold Price

$499,950

$242/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$37,550(-7.0%)

Key Takeaway

Homes in Seven Hills have sold for 7% less than they did a month ago.

Summary: The median home sold price in Seven Hills was $499,950 in December 2024, down 7% from last month, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $537.5K$450K
-16.3%
4 -$501.2K
N/A
5+ -$545K
N/A

Summary: Seven Hills housing prices by bedroom type for December 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 16.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Sterling Hills
+2.0%
Seven Lakes
-6.5%
Seven Hills
-7.0%

Housing Supply in Seven Hills, CO

How many homes are available in Seven Hills, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2327+17.4%

Summary: The Seven Hills real estate market had 27 homes for sale in December 2024, a 17.4% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1214
+16.7%
4 1011
+10.0%
5+ 12
+100.0%

Summary: The Seven Hills housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
28+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seven Hills, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Seven Hills in December 2024, up by 300.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% 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

Nov 2024Dec 2024CHANGE
11 Days36 Days+229.5%

Summary: Homes in Seven Hills had an average of 36 days on market in Dec 2024, up by 229.5% compared to last month.

Breakdown of Home Sale Times

5 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

Many homes in Seven Hills are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 8 homes were sold in Seven Hills; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 4 Days Ago

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MLS Disclaimers and Copyright

Based on information from REColorado for the period 11/01/2024 - 01/01/2025

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Last updated on: 1/5/2025, 10:12:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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