$899,000
16.03 Acres
Land
Phillip Booghier, Listing Office: LIV Sotheby's International Realty
Is South Jefferson, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, South Jefferson was a Neutral 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
$903,333
$352/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$53,166(-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 $903,333 in October 2024, down 5.6% from last year, and the median price per square foot was $352.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $530.8K | $374.5K | -29.4% |
| 2 Bedrooms | $569.6K | $600K | +5.3% |
| 3 Bedrooms | $793.7K | $775K | -2.4% |
| 4 Bedrooms | $1.0M | $1.1M | +6.8% |
| 5+ Bedrooms | $1.4M | $1.4M | -0.8% |
Summary: South Jefferson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.4%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 0.8%.
Housing Supply in South Jefferson, CO
How many homes are available in South Jefferson, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 202 | 214 | +5.9% |
Summary: The South Jefferson real estate market had 214 homes for sale in October 2024, a 5.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 11 | +22.2% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 59 | 64 | +8.5% |
| 4 Bedrooms | 80 | 85 | +6.3% |
| 5+ Bedrooms | 40 | 41 | +2.5% |
Summary: The South Jefferson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 2.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 36 | +33.3% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 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 36 homes were sold or pending in South Jefferson in October 2024, up by 33.3% month-over-month. Of the 36 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 53 Days | +41.7% |
Summary: Homes in South Jefferson had an average of 53 days on market in Oct 2024, up by 41.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Jefferson has remained consistent over time.
Summary: During October 2024, 36 homes were sold in South Jefferson; 39% of homes were sold within 30 days, 47% 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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