Is Northglenn, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Northglenn has remained a Seller's Market.
Housing Prices in Northglenn, CO
How much do homes in Northglenn, CO cost?
Median Sold Price
$490,000
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Northglenn was $490,000 in May 2024, up 2.1% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $315K | - | N/A |
2 Bedrooms | $430K | $435K | +1.2% |
3 Bedrooms | $471.5K | $479.7K | +1.8% |
4 Bedrooms | $507K | $505.2K | -0.4% |
5+ Bedrooms | $470K | $529.5K | +12.7% |
Summary: Northglenn housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 12.7%.
Median Sold Price Compared To Nearby Cities
Northglenn | $479.9K | $490K | +2.1% |
Broomfield | $612.2K | $625K | +2.1% |
Westminster | $534K | $540.5K | +1.2% |
West Adams | $495.5K | $500K | +0.9% |
Thornton | $529.5K | $530.2K | 0.1% |
Housing Supply in Northglenn, CO
How many homes are available in Northglenn, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
116 | 141 | +21.6% |
Summary: The Northglenn real estate market had 141 homes for sale in May 2024, a 21.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 15 | 0.0% |
3 Bedrooms | 47 | 57 | +21.3% |
4 Bedrooms | 40 | 52 | +30.0% |
5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The Northglenn housing inventory by bedroom type for May 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 21.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 48 | +37.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Northglenn in May 2024, up by 37.1% month-over-month. Of the 48 sold homes, 27% were sold under asking, 23% were sold at asking, and 50% were sold over asking.
Days on Market for Northglenn, CO
How long does it take to sell a home in Northglenn, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
6 Days | 18 Days | +171.1% |
Summary: Homes in Northglenn had an average of 18 days on market in May 2024, up by 171.1% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 48 homes were sold in Northglenn; 77% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.