$10,000 Closing Credit*
$847,500
2,320 SqFt
4 Beds
•1 Full Bath, 3 Partial
Brianna Springer, Listing Office: Madison & Company Properties
Is Southglenn, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Southglenn has remained a Seller's Market.
Key Takeaway
Southglenn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southglenn, CO
How much do homes in Southglenn, CO cost?
Median Sold Price
$690,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+3.8%)
Key Takeaway
Homes in Southglenn have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Southglenn was $690,000 in October 2024, up 3.8% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $410K | $411.4K | 0.4% |
| 3 Bedrooms | $522.5K | $530K | +1.4% |
| 4 Bedrooms | $729K | $697.5K | -4.3% |
| 5+ Bedrooms | $799K | $845K | +5.8% |
Summary: Southglenn housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Southglenn | $665K | $690K | +3.8% |
| Village at the Knoll | $497.5K | $513.7K | +3.3% |
Housing Supply in Southglenn, CO
How many homes are available in Southglenn, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 42 | +13.5% |
Summary: The Southglenn real estate market had 42 homes for sale in October 2024, a 13.5% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 19 | 22 | +15.8% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Southglenn 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 increased by 11.1%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southglenn, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Southglenn in October 2024, down by 8.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for Southglenn, CO
How long does it take to sell a home in Southglenn, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 23 Days | +520.6% |
Summary: Homes in Southglenn had an average of 23 days on market in Oct 2024, up by 520.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southglenn are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Southglenn; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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