New - 2 days on Rocket
$6,056 Closing Credit¹
Stephanie Samarou, Listing Office: Brokers Guild Homes, Brokers Guild Real Estate
Northgate Housing Market Report December 2024•El Paso County, Colorado
Housing Prices in Northgate, CO
How much do homes in Northgate, CO cost?
Housing Market Conditions
Is Northgate, CO a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Northgate is a Buyer's Market
Difference Since November 2024
Last month, Northgate has remained a Buyer's Market.
Insight
Northgate is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$948,000$261/SqFt
+$198,000
+26.4%
Based on all homes sold in December 2024
Insight
Homes in Northgate have sold for 26.4% more than they did a month ago.
Summary: The median home sold price in Northgate was $948,000 in December 2024, up 26.4% from last month, and the median price per square foot was $261.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Northgate | $750K | $948K | +26.4% |
| Pine Creek | $694K | $860K | +23.9% |
| Flying Horse | $850K | $897.5K | +5.6% |
| Northgate Area | $850K | $883.2K | +3.9% |
| Gleneagle | $1.6M | $812.5K | -51.2% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $526K | - | N/A |
| 44 Bedrooms | $950K | - | N/A |
| 55+ Bedrooms | $750K | $948K | +26.4% |
Summary: Northgate housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +26.4%.
Housing supply in Northgate, CO
How many homes are available in Northgate, CO?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 40Last MonthDec 2024 | ||
| 412 months agoNov 2024 | -2.4 % Change MoMNov – Dec |
Summary: The Northgate real estate market had 40 homes for sale in Dec 2024, a 2.4 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthDec 2024 | ||
| 52 months agoNov 2024 | -20.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 6 | 7 | +16.7% |
| 33 Bedrooms | 9 | 8 | -11.1% |
| 44 Bedrooms | 9 | 8 | -11.1% |
| 55+ Bedrooms | 17 | 17 | 0.0% |
Summary: Northgate housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes decreased by -11.1%. The inventory for 4 bedroom homes decreased by -11.1%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Northgate, CO cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Northgate, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Northgate in December 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and and 0% were sold over asking.
Days on Market for Northgate, CO
How long does it take to sell a home in Northgate, CO?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days3 Homes
Over 90 Days1 Home
Insight
Avg time on Rocket Homes in Northgate has remained consistent over time.
Summary: During December 2024, 4 homes were sold in Northgate; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 76 DaysLast MonthDec 2024 | ||
| 78 Days1 month agoNov 2024 | -2.6 % Change MoMNov – Dec |
Summary: Homes in Northgate had an average listing age of 76 days in Dec 2024, down by 2.6% compared to the previous month.
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Newest Listings in Northgate, CO
What homes are available in Northgate, CO?
New - 3 days on Rocket
$8,906 Closing Credit¹
Scott Coddington, Listing Office: Pulse Real Estate Group LLC
New - 4 days on Rocket
$6,530 Closing Credit¹
Brian Maecker CRP CRS GRI MRP, Listing Office: RE/MAX Advantage Realty, Inc.
New - 5 days on Rocket
$5,593 Closing Credit¹
Tara Jones, Listing Office: Opendoor Brokerage LLC
New - 6 days on Rocket
$8,313 Closing Credit¹
Nancy Wile, Listing Office: Harmony Real Estate Group, Inc
New - 7 days on Rocket
$5,813 Closing Credit¹
William Kemp CDPE CRS GRI, Listing Office: The Platinum Group
New - 7 days on Rocket
$10,000 Closing Credit¹
Amy Kunce-Martinez, Listing Office: The Cutting Edge
$8,906 Closing Credit¹
Bjorn Quaden, Listing Office: Century 21 Dream Home
$6,056 Closing Credit¹
Hana Brown, Listing Office: Brokers Guild Real Estate
$10,000 Closing Credit¹
Amy Kunce-Martinez, Listing Office: The Cutting Edge
$7,836 Closing Credit¹
Aimee Fletcher CLHMS GRI, Listing Office: Exp Realty LLC
$7,836 Closing Credit¹
Aimee Fletcher, Listing Office: eXp Realty, LLC
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