$6,531 Closing Credit*
$550,000
1,985 SqFt
3 Beds
•1 Full Bath, 2 Partial
Susan Patchen, Listing Office: Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins
Is 80002, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 80002 has remained a Seller's Market.
Key Takeaway
80002 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80002, CO
How much do homes in 80002, CO cost?
Median Sold Price
$570,000
$371/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+1.8%)
Key Takeaway
Homes in 80002 have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in 80002 was $570,000 in November 2024, up 1.8% from last year, and the median price per square foot was $371.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $360K | 0.0% |
| 2 Bedrooms | $507.5K | $485K | -4.4% |
| 3 Bedrooms | $550K | $557.9K | +1.4% |
| 4 Bedrooms | $635.5K | $740K | +16.4% |
| 5+ Bedrooms | $735K | $865K | +17.7% |
Summary: 80002 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 17.7%.
Housing Supply in 80002, CO
How many homes are available in 80002, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 92 | 85 | -7.6% |
Summary: The 80002 real estate market had 85 homes for sale in November 2024, a 7.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 23 | 25 | +8.7% |
| 3 Bedrooms | 44 | 38 | -13.6% |
| 4 Bedrooms | 14 | 11 | -21.4% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 80002 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80002, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 80002 in November 2024, up by 4.8% month-over-month. Of the 22 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for 80002, CO
How long does it take to sell a home in 80002, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 39 Days | +110.7% |
Summary: Homes in 80002 had an average of 39 days on market in Nov 2024, up by 110.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80002 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 22 homes were sold in 80002; 55% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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