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The housing market in Golden is highly competitive. On average, homes in this area receive one offer and are sold within approximately five days. Last month, the median sale price for a home in Golden was $1.1 million, reflecting a 6.7% increase compared to the previous year. Additionally, the median sale price per square foot has risen by 21.8% over the past year, now standing at $441.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In May 2024, home prices in Golden increased by 6.7% compared to the previous year, with a median sale price of $1.1 million. Homes in Golden typically sell after an average of 5 days on the market, a slight decrease from 6 days last year. This May, 15 homes were sold, down from 18 during the same period last year.
Golden's housing market is highly competitive, with homes typically selling in about 5.5 days. Many properties receive multiple offers, some with waived contingencies. On average, homes sell for approximately 1% above the list price and go pending in around 6 days. Particularly desirable homes can sell for about 3% above the list price and go pending in approximately 3 days.
Nationwide, 1% of homebuyers looked to relocate to Golden from other metropolitan areas. Among these, homebuyers from Houston showed the most interest in moving to Golden, followed by those from San Francisco and Los Angeles.
Establish your budget by evaluating your financial situation, including savings, income, and debt. Consider getting pre-approved for a mortgage to understand your borrowing capacity and strengthen your position as a buyer.
Explore the Golden CO real estate market to understand current trends, home prices, and neighborhood characteristics. Identify your preferred areas and create a list of must-have features for your new home.
Choose an experienced local real estate agent who knows the Golden CO market well. Your agent will help you find suitable properties, schedule viewings, and provide valuable advice throughout the buying process.
Attend open houses and private showings to evaluate potential homes. Once you find the right property, work with your agent to submit a competitive offer. Be prepared for negotiations and possibly multiple offers.
After your offer is accepted, complete all necessary inspections, appraisals, and paperwork. Secure your financing and review the final contract details. On closing day, sign the documents, transfer the funds, and receive the keys to your new home in Golden CO.
For detailed, up-to-date information on buying a house in Golden, including legal considerations and market trends, you can talk to us.
The first step is to determine your budget by evaluating your financial situation and getting pre-approved for a mortgage. This helps you understand your borrowing capacity and strengthens your position as a buyer.
The timeline can vary, but on average, it takes about 30 to 45 days from making an offer to closing the deal. This includes the time needed for inspections, appraisals, and finalizing financing.
During a home inspection, focus on the condition of the roof, foundation, plumbing, electrical systems, and HVAC. Look for any signs of water damage, mold, or structural issues. An inspector will provide a detailed report of any potential problems.
Prepare your home by decluttering, deep cleaning, and making necessary repairs. Consider staging your home to make it more appealing to buyers. Enhancing curb appeal with landscaping and exterior improvements can also make a big difference.
Your real estate agent will conduct a comparative market analysis (CMA) to evaluate similar properties in your area that have recently sold. This analysis helps set a competitive and realistic price based on current market conditions.
Common contingencies include home inspections, financing, and appraisal. These contingencies allow buyers to back out of the contract without penalty if certain conditions are not met, such as unsatisfactory inspection results or failure to secure financing.
Whether you have questions or are ready to dive into the Golden property market, our team is eager to assist you. Contact us today to discover the perfect home in Golden and make your Colorado dream a reality. Let's turn your vision into a beautiful living experience!
Eager to explore the stunning landscapes and vibrant community of Golden, CO? Whether you're considering a move or just curious about what makes Golden so special, our Neighborhood Guide is your first step to discovering the magic of this city. Nestled at the foothills of the Rockies, Golden offers a unique blend of outdoor adventure, history, and modern living.