Search homes for sale in Golden, famous for its brewing facilities, shops, and restaurants.
The housing market in Golden is notably competitive. On average, properties in this area attract two offers and typically conclude sales within about 60 days. Last month, the average sale price for a home in Golden reached $875,000, representing a substantial increase of 35.7% compared to the previous year. However, it's interesting to note that the median sale price per square foot has decreased to $290, a significant drop of 51.9% from last year. This suggests a shift in the market dynamics, possibly indicating larger homes being sold or a change in the types of properties that are in demand.
Median Sale Price
Median Sale Price per Sq. Ft.
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In January 2024, the real estate market in Golden experienced a significant increase in home prices, soaring by 35.7% compared to the previous year, with homes reaching a median selling price of $875,000. Homes are taking longer to sell, averaging 60 days on the market, a notable increase from just 26 days the year before.
Interestingly, the number of homes sold in January remained consistent with 11 properties sold, identical to the figure from last year. This consistency in sales volume, combined with the increased prices and longer selling times, might indicate a shift in market conditions, possibly reflecting a higher demand for quality over quantity in the housing market.
The real estate market in Golden is highly competitive. Properties here typically sell in just 25 days. It's common for many homes to receive several offers, and in some cases, buyers are even willing to waive contingencies to make their offers more attractive. On average, homes in Golden are sold for approximately 3% below the asking price and generally go under contract within about 25 days.
However, the most sought-after homes, often referred to as "hot homes," can sell for around 1% above the listed price and may go pending in as few as 5 days. This trend highlights the strong demand and fast-paced nature of Golden's housing market.
Golden, Colorado, presents an attractive real estate option due to its unique blend of competitive market dynamics and desirable lifestyle offerings. Known for its scenic beauty and proximity to outdoor activities, Golden offers a high quality of life, which is reflected in its vibrant housing market.
Additionally, the town's rich history, cultural attractions, and excellent schools make it an ideal location for families and individuals seeking a balance of nature, community, and accessibility to urban amenities. These factors collectively make Golden an appealing choice for potential homebuyers looking for long-term value and a fulfilling living environment.
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.