$998,000
19.12 Acres
Land
Aureliano Yepez, Listing Office: Keller Williams Realty Downtown LLC
Is South Jefferson, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, South Jefferson has remained a Seller's Market.
Key Takeaway
South Jefferson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Jefferson, CO
How much do homes in South Jefferson, CO cost?
Median Sold Price
$903,266
$350/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$53,233(-5.6%)
Key Takeaway
Homes in South Jefferson have sold for 5.6% less than they did a year ago.
Summary: The median home sold price in South Jefferson was $903,266 in November 2024, down 5.6% from last year, and the median price per square foot was $350.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $372.9K | $374.5K | 0.4% |
| 2 Bedrooms | $585K | $600K | +2.6% |
| 3 Bedrooms | $791.2K | $779K | -1.5% |
| 4 Bedrooms | $1.0M | $1.1M | +6.8% |
| 5+ Bedrooms | $1.4M | $1.5M | +1.9% |
Summary: South Jefferson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 1.9%.
Housing Supply in South Jefferson, CO
How many homes are available in South Jefferson, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 186 | 164 | -11.8% |
Summary: The South Jefferson real estate market had 164 homes for sale in November 2024, a 11.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 56 | 46 | -17.9% |
| 4 Bedrooms | 76 | 68 | -10.5% |
| 5+ Bedrooms | 35 | 31 | -11.4% |
Summary: The South Jefferson 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 remained the same, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 11.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 30 | -18.9% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Jefferson, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in South Jefferson in November 2024, down by 18.9% month-over-month. Of the 30 sold homes, 67% were sold under asking, 20% were sold at asking, and 13% were sold over asking.
Days on Market for South Jefferson, CO
How long does it take to sell a home in South Jefferson, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 47 Days | +19.8% |
Summary: Homes in South Jefferson had an average of 47 days on market in Nov 2024, up by 19.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Jefferson are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 30 homes were sold in South Jefferson; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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