Is 80435, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80435 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 80435 was a Neutral Market.

Key Takeaway

80435 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80435, CO

How much do homes in 80435, CO cost?

Median Sold Price

$847,000

$748/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$138,000(-14.0%)

Key Takeaway

Homes in 80435 have sold for 14% less than they did a month ago.

Summary: The median home sold price in 80435 was $847,000 in October 2024, down 14% from last month, and the median price per square foot was $748.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $595K$561.5K
-5.6%
2 $795K$847K
+6.5%
3 $1.1M$1.1M
+7.8%
4 $1.6M-
N/A
5+ $1.7M$1.8M
+5.7%

Summary: 80435 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 7.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 5.7%.

Housing Supply in 80435, CO

How many homes are available in 80435, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
113112-0.9%

Summary: The 80435 real estate market had 112 homes for sale in October 2024, a 0.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2326
+13.0%
2 4037
-7.5%
3 2629
+11.5%
4 1411
-21.4%
5+ 109
-10.0%

Summary: The 80435 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1923+21.1%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80435, you may be able to get a good deal. 78.3% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 80435 in October 2024, up by 21.1% month-over-month. Of the 23 sold homes, 78% were sold under asking, 13% were sold at asking, and 9% were sold over asking.

Days on Market for 80435, CO

How long does it take to sell a home in 80435, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
56 Days88 Days+56.2%

Summary: Homes in 80435 had an average of 88 days on market in Oct 2024, up by 56.2% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 80435 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 23 homes were sold in 80435; 26% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 48% 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 4 Days Ago

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