Is 80403, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80403 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 80403 has remained a Seller's Market.

Key Takeaway

80403 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80403, CO

How much do homes in 80403, CO cost?

Median Sold Price

$835,000

$372/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,500(+4.7%)

Key Takeaway

Homes in 80403 have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in 80403 was $835,000 in November 2024, up 4.7% from last year, and the median price per square foot was $372.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $342.5K$415K
+21.2%
2 $655K$527K
-19.5%
3 $740K$806.7K
+9.0%
4 $922.5K$965K
+4.6%
5+ $1.2M$1.3M
+10.2%

Summary: 80403 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.2%, 2 bedroom homes decreased by 19.5%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 10.2%.

Median Sold Price Compared To Nearby Zip Codes

80403
+4.7%
80007
-4.0%
80422
-10.8%

Housing Supply in 80403, CO

How many homes are available in 80403, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10893-13.9%

Summary: The 80403 real estate market had 93 homes for sale in November 2024, a 13.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 2220
-9.1%
3 3629
-19.4%
4 2824
-14.3%
5+ 1918
-5.3%

Summary: The 80403 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 5.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2623-11.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80403, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 80403 in November 2024, down by 11.5% month-over-month. Of the 23 sold homes, 57% were sold under asking, 26% were sold at asking, and 17% were sold over asking.

Days on Market for 80403, CO

How long does it take to sell a home in 80403, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
10 Days56 Days+436.4%

Summary: Homes in 80403 had an average of 56 days on market in Nov 2024, up by 436.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80403 has remained consistent over time.

Summary: During November 2024, 23 homes were sold in 80403; 35% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 22% 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 17 Days Ago

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