Is 80103, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80103 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80103 has remained a Buyer's Market.

Key Takeaway

80103 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80103, CO

How much do homes in 80103, CO cost?

Median Sold Price

$1,350,000

$288/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$570,000(+73.1%)

Key Takeaway

Homes in 80103 have sold for 73.1% more than they did a month ago.

Summary: The median home sold price in 80103 was $1,350,000 in October 2024, up 73.1% from last month, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$619.9K
N/A
4 -$1.3M
N/A
5+ $780K-
N/A

Summary: 80103 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80103
+73.1%
80105
-0.7%

Housing Supply in 80103, CO

How many homes are available in 80103, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2124+14.3%

Summary: The 80103 real estate market had 24 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 11
0.0%
3 34
+33.3%
4 810
+25.0%
5+ 77
0.0%

Summary: The 80103 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80103, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 80103 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 80103, CO

How long does it take to sell a home in 80103, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
53 Days68 Days+29.6%

Summary: Homes in 80103 had an average of 68 days on market in Oct 2024, up by 29.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80103 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in 80103; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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MLS Disclaimers and Copyright

Based on information from REColorado, and Pikes Peak MLS / Colorado Springs Realtor Services Corp. for the period 09/01/2024 - 11/01/2024

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Last updated on: 11/5/2024, 12:57:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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