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Town comparisons › Indian Hills vs Morrison

Indian Hills vs Morrison

Indian Hills and Morrison are both in Jefferson County. There are 13 homes for sale in Indian Hills and 96 in Morrison as this page loaded. Indian Hills is the more expensive of the two: a median asking price of $2,150,000 against $772,463 in Morrison, about 178% higher. Homes are moving faster in Morrison — a median of 52 days on market against 72 in Indian Hills. Indian Hills is a buyer's market right now and Morrison is a balanced market.

Side by side

MeasureIndian HillsMorrison
Homes for sale1396
New in last 30 days433
Median asking price$2,150,000$772,463
Median price per sq ft$500$341
Median size (sq ft)3,5652,260
Median bedrooms44
Median days on market7252
Months of supply6.83.9
Sold, last 12 months23295
Median sold price$670,000$800,000
Median days to sell6567
Sold vs asking price98.0%99.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Indian Hills is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.
Morrison is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Indian Hills

13
Homes for sale
$2,150,000
Median asking price
$500
Median per sq ft
72
Median days on market

Morrison

96
Homes for sale
$772,463
Median asking price
$341
Median per sq ft
52
Median days on market

Look at either town on its own

Questions people ask

Is Indian Hills or Morrison more expensive?

Indian Hills is more expensive. The median asking price is $2,150,000 in Indian Hills against $772,463 in Morrison. By price per square foot, Indian Hills runs $500 and Morrison $341.

Which moves faster, Indian Hills or Morrison?

Homes for sale in Morrison have been on the market a median of 52 days, against 72 days in Indian Hills. Of the homes that actually closed in the last twelve months, Indian Hills took a median of 65 days and Morrison 67.

Is Indian Hills or Morrison the better market for a buyer?

Indian Hills is a buyer's market and Morrison is a balanced market, measured on months of supply — 6.8 months in Indian Hills and 3.9 in Morrison. More months of supply means more choice and more room to negotiate, so on that measure Indian Hills is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Indian Hills and Morrison?

There are 13 homes for sale in Indian Hills and 96 in Morrison as this page loaded, 4 and 33 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.