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

Since last month, 80435 has remained a Seller's 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

$632,500

$811/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$214,500(-25.3%)

Key Takeaway

Homes in 80435 have sold for 25.3% less than they did a month ago.

Summary: The median home sold price in 80435 was $632,500 in November 2024, down 25.3% from last month, and the median price per square foot was $811.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $561.5K$517.5K
-7.8%
2 $847K$994K
+17.4%
3 $1.1M$1.1M
-4.2%
4 -$2.7M
N/A
5+ $1.8M-
N/A

Summary: 80435 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes increased by 17.4%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80435
-25.3%
80444
-26.8%

Housing Supply in 80435, CO

How many homes are available in 80435, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10994-13.8%

Summary: The 80435 real estate market had 94 homes for sale in November 2024, a 13.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2619
-26.9%
2 3633
-8.3%
3 2921
-27.6%
4 1013
+30.0%
5+ 88
0.0%

Summary: The 80435 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 26.9%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes increased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2320-13.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was 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. 60% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 80435 in November 2024, down by 13.0% month-over-month. Of the 20 sold homes, 60% were sold under asking, 35% were sold at asking, and 5% 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

Oct 2024Nov 2024CHANGE
88 Days78 Days-11.0%

Summary: Homes in 80435 had an average of 78 days on market in Nov 2024, down by 11% compared to last month.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80435 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 20 homes were sold in 80435; 45% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 40% 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 21 Days Ago

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Nearby Markets to 80435, CO

MLS Disclaimers and Copyright

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

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Last updated on: 12/22/2024, 11:12:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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