Is 80427, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80427 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 80427 was a Buyer's Market.

Key Takeaway

80427 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 80427, CO

How much do homes in 80427, CO cost?

Median Sold Price

$487,500

$311/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$108,500(+28.6%)

Key Takeaway

Homes in 80427 have sold for 28.6% more than they did a month ago.

Summary: The median home sold price in 80427 was $487,500 in November 2024, up 28.6% from last month, and the median price per square foot was $311.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $379K-
N/A
2 -$450K
N/A
3 -$525K
N/A
4 --
N/A
5+ --
N/A

Summary: 80427 housing prices by bedroom type for November 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80427
+28.6%
80452
-14.4%

Housing Supply in 80427, CO

How many homes are available in 80427, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1312-7.7%

Summary: The 80427 real estate market had 12 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 33
0.0%
3 55
0.0%
4 44
0.0%
5+ 00
0.0%

Summary: The 80427 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80427, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 80427 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 80427, CO

How long does it take to sell a home in 80427, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
16 Days35 Days+121.9%

Summary: Homes in 80427 had an average of 35 days on market in Nov 2024, up by 121.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80427 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 80427; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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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MLS Disclaimers and Copyright

Based on information from REColorado for the period 10/01/2024 - 12/01/2024

IDX Listings courtesy of REColorado as distributed by MLS GRID.

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Last updated on: 12/18/2024, 9:13:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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