$593 Closing Credit*
$49,900
625 SqFt
1 Bed
•1 Full Bath
Alex Katsenelson, Listing Office: Champion Realty
Is 80231, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 80231 was a Seller's Market.
Key Takeaway
80231 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 80231, CO
How much do homes in 80231, CO cost?
Median Sold Price
$445,000
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,000(-1.1%)
Key Takeaway
Homes in 80231 have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in 80231 was $445,000 in October 2024, down 1.1% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $211.3K | $194.9K | -7.8% |
| 2 Bedrooms | $333K | $337K | +1.2% |
| 3 Bedrooms | $500K | $518.5K | +3.7% |
| 4 Bedrooms | $716.9K | $680K | -5.2% |
| 5+ Bedrooms | $680K | $730K | +7.4% |
Summary: 80231 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 7.4%.
Housing Supply in 80231, CO
How many homes are available in 80231, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 149 | 172 | +15.4% |
Summary: The 80231 real estate market had 172 homes for sale in October 2024, a 15.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 21 | 0.0% |
| 2 Bedrooms | 49 | 64 | +30.6% |
| 3 Bedrooms | 39 | 46 | +17.9% |
| 4 Bedrooms | 30 | 29 | -3.3% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 80231 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 increased by 30.6%, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 24 | -4.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80231, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 80231 in October 2024, down by 4.0% month-over-month. Of the 24 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for 80231, CO
How long does it take to sell a home in 80231, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 64 Days | +410.8% |
Summary: Homes in 80231 had an average of 64 days on market in Oct 2024, up by 410.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 80231 has remained consistent over time.
Summary: During October 2024, 24 homes were sold in 80231; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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