$2,968 Closing Credit*
$249,900
697 SqFt
1 Bed
•1 Full Bath
Elmo Morales, Listing Office: PMI Cedarboldt
Is 80246, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 80246 was a Seller's Market.
Key Takeaway
80246 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 80246, CO
How much do homes in 80246, CO cost?
Median Sold Price
$687,500
$389/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$95,000(-12.1%)
Key Takeaway
Homes in 80246 have sold for 12.1% less than they did a year ago.
Summary: The median home sold price in 80246 was $687,500 in November 2024, down 12.1% from last year, and the median price per square foot was $389.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $246.2K | +4.8% |
| 2 Bedrooms | $385.5K | $382K | -0.9% |
| 3 Bedrooms | $740K | $637K | -13.9% |
| 4 Bedrooms | $818K | $840K | +2.7% |
| 5+ Bedrooms | $2.6M | $2.1M | -19.7% |
Summary: 80246 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 19.7%.
Housing Supply in 80246, CO
How many homes are available in 80246, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 41 | -2.4% |
Summary: The 80246 real estate market had 41 homes for sale in November 2024, a 2.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 80246 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 80246, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 80246 in November 2024, down by 50.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 80246, CO
How long does it take to sell a home in 80246, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 28 Days | +102.5% |
Summary: Homes in 80246 had an average of 28 days on market in Nov 2024, up by 102.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80246 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 80246; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved. 