Is 80106, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80106 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80106 has remained a Buyer's Market.

Key Takeaway

80106 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80106, CO

How much do homes in 80106, CO cost?

Median Sold Price

$677,000

$207/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$112,000(+19.8%)

Key Takeaway

Homes in 80106 have sold for 19.8% more than they did a month ago.

Summary: The median home sold price in 80106 was $677,000 in October 2024, up 19.8% from last month, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $225K-
N/A
2 $565K-
N/A
3 -$655K
N/A
4 $666.5K$925K
+38.8%
5+ $750K$587K
-21.7%

Summary: 80106 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 increased by 38.8%, and 5+ bedroom homes decreased by 21.7%.

Median Sold Price Compared To Nearby Zip Codes

80808
+97.6%
80908
+41.7%
80831
+27.3%
80106
+19.8%

Housing Supply in 80106, CO

How many homes are available in 80106, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
106128+20.8%

Summary: The 80106 real estate market had 128 homes for sale in October 2024, a 20.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 20
-100.0%
3 1419
+35.7%
4 4553
+17.8%
5+ 4455
+25.0%

Summary: The 80106 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 decreased by 100%, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80106, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 80106 in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 80106, CO

How long does it take to sell a home in 80106, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
24 Days51 Days+112.3%

Summary: Homes in 80106 had an average of 51 days on market in Oct 2024, up by 112.3% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80106 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 80106; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% 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 22 Days Ago

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MLS Disclaimers and Copyright

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

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