Is Northgate Area, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Northgate Area has remained a Buyer's Market.
Housing Prices in Northgate Area, CO
How much do homes in Northgate Area, CO cost?
Median Sold Price
$814,500
$217/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Northgate Area was $814,500 in April 2024, down 16.9% from last month, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $580K | $531K | -8.4% |
4 Bedrooms | $999.4K | $774.7K | -22.5% |
5+ Bedrooms | - | $894K | N/A |
Summary: Northgate Area housing prices by bedroom type for April 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 8.4%, 4 bedroom homes decreased by 22.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Flying Horse | $980K | $914.5K | -6.7% |
Northgate Area | $980K | $814.5K | -16.9% |
Gleneagle | $799.4K | $659.5K | -17.5% |
Housing Supply in Northgate Area, CO
How many homes are available in Northgate Area, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 | 137 | +85.1% |
Summary: The Northgate Area real estate market had 137 homes for sale in April 2024, a 85.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 4 | +100.0% |
3 Bedrooms | 11 | 21 | +90.9% |
4 Bedrooms | 23 | 42 | +82.6% |
5+ Bedrooms | 40 | 70 | +75.0% |
Summary: The Northgate Area housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 90.9%, 4 bedroom homes increased by 82.6%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 10 | +233.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Northgate Area in April 2024, up by 233.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Northgate Area, CO
How long does it take to sell a home in Northgate Area, CO?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 53 Days | +421.6% |
Summary: Homes in Northgate Area had an average of 53 days on market in Apr 2024, up by 421.6% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Northgate Area; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.