$10,000 Closing Credit*
$2,325,000
2,587 SqFt
4 Beds
•1 Full Bath, 3 Partial
James Falko, Listing Office: FALKO REALTY
Is 80424, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 80424 was a Neutral Market.
Key Takeaway
80424 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80424, CO
How much do homes in 80424, CO cost?
Median Sold Price
$2,443,000
$744/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$993,000(+68.5%)
Key Takeaway
Homes in 80424 have sold for 68.5% more than they did a month ago.
Summary: The median home sold price in 80424 was $2,443,000 in November 2024, up 68.5% from last month, and the median price per square foot was $744.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $650K | $350K | -46.2% |
| 2 Bedrooms | $925K | $963.9K | +4.2% |
| 3 Bedrooms | $1.5M | $2.8M | +87.7% |
| 4 Bedrooms | $3.4M | $3.0M | -12.6% |
| 5+ Bedrooms | $2.7M | $3.0M | +13.7% |
Summary: 80424 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 46.2%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 87.7%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes increased by 13.7%.
Housing Supply in 80424, CO
How many homes are available in 80424, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 122 | 119 | -2.5% |
Summary: The 80424 real estate market had 119 homes for sale in November 2024, a 2.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 12 | 0.0% |
| 2 Bedrooms | 18 | 20 | +11.1% |
| 3 Bedrooms | 23 | 19 | -17.4% |
| 4 Bedrooms | 33 | 33 | 0.0% |
| 5+ Bedrooms | 36 | 35 | -2.8% |
Summary: The 80424 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 2.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Asking Price vs. Sold Price
18 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 80424, you may be able to get a good deal. 90% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 80424 in November 2024, up by 5.3% month-over-month. Of the 20 sold homes, 90% were sold under asking, 5% were sold at asking, and 5% were sold over asking.
Days on Market for 80424, CO
How long does it take to sell a home in 80424, CO?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 85 Days | 74 Days | -13.2% |
Summary: Homes in 80424 had an average of 74 days on market in Nov 2024, down by 13.2% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 80424 has remained consistent over time.
Summary: During November 2024, 20 homes were sold in 80424; 25% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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