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Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
Current Market Dynamics: Golden, CO, presents a highly competitive real estate landscape. As of October 2023, the market has witnessed a 7.8% year-over-year increase in median home prices, reaching $745K. This rise is a clear indicator of the area's growing appeal and market vitality. Notably, homes in Golden are selling rapidly, typically within 8 days, a decrease from last year's 12-day average. This brisk pace underscores the demand for properties in this region.
Market Trends: The median sale price per square foot stands at $329, reflecting a slight decrease of 3.2% from the previous year. Despite this minor dip, the overall market remains robust, with homes receiving multiple offers, often including waived contingencies. On average, homes are selling at about 1% below the listing price, with a pending period of around 9 days. However, highly sought-after properties, or "hot homes," may sell for approximately 2% above the listing price and go pending in just 4 days.
Migration and Relocation Insights: From August to October 2023, a significant trend emerged where 31% of Golden homebuyers sought to relocate outside of Golden, while a majority of 69% preferred to stay within the metropolitan area. Interestingly, Golden attracts a diverse range of homebuyers, including those from outside metros like Colorado Springs, San Francisco, and Los Angeles. Conversely, Golden residents looking to move tend to stay within the metropolitan area, with Chicago, Fort Collins, and Breckenridge emerging as popular destinations.
At The Fox Group, we understand the nuances and dynamics of Golden's real estate market. Whether you're considering buying your dream home or exploring investment opportunities, our team is dedicated to providing you with personalized, expert guidance every step of the way. With our in-depth local knowledge and commitment to your satisfaction, we ensure a seamless and rewarding experience.
Interested in exploring Golden's real estate opportunities? Contact The Fox Group today to discover how we can help you navigate this vibrant market.
39.8674° N, 105.1746° W
39.7706° N, 105.2268° W
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