$7,475 Closing Credit*
$629,500
2,288 SqFt
4 Beds
•1 Full Bath, 2 Partial
Mateo Gomez, Listing Office: Brokers Guild Homes
Is Southglenn, 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, 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
$692,500
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,500(+0.5%)
Key Takeaway
Homes in Southglenn have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in Southglenn was $692,500 in November 2024, up 0.5% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $411.4K | N/A |
| 3 Bedrooms | $522.5K | $575K | +10.0% |
| 4 Bedrooms | $728K | $695K | -4.5% |
| 5+ Bedrooms | $799K | $827.5K | +3.6% |
Summary: Southglenn housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 3.6%.
Housing Supply in Southglenn, CO
How many homes are available in Southglenn, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 30 | -21.1% |
Summary: The Southglenn real estate market had 30 homes for sale in November 2024, a 21.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 19 | 15 | -21.1% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The Southglenn 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 increased by 100%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Southglenn, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Southglenn in November 2024, down by 36.4% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 5 Days | -72.9% |
Summary: Homes in Southglenn had an average of 5 days on market in Nov 2024, down by 72.9% compared to last year.
Breakdown of Home Sale Times
7 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 Southglenn are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Southglenn; 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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