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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80427 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80427 has remained a Buyer's Market.

Key Takeaway

80427 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80427, CO

How much do homes in 80427, CO cost?

Median Sold Price

$379,000

$457/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$116,000(-23.4%)

Key Takeaway

Homes in 80427 have sold for 23.4% less than they did a month ago.

Summary: The median home sold price in 80427 was $379,000 in October 2024, down 23.4% from last month, and the median price per square foot was $457.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$379K
N/A
2 --
N/A
3 $495K-
N/A
4 --
N/A
5+ --
N/A

Summary: 80427 housing prices by bedroom type for October 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.

Housing Supply in 80427, CO

How many homes are available in 80427, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
810+25.0%

Summary: The 80427 real estate market had 10 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 13
+200.0%
3 54
-20.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 80427 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 200%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80427, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 80427 in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% 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

Sep 2024Oct 2024CHANGE
67 Days16 Days-76.1%

Summary: Homes in 80427 had an average of 16 days on market in Oct 2024, down by 76.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were 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 October 2024, 1 homes were sold in 80427; 100% of homes were sold within 30 days, 0% 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 09/01/2024 - 11/01/2024

IDX Listings courtesy of REColorado as distributed by MLS GRID.

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Last updated on: 11/18/2024, 12:57:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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