Is 80440, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80440 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 80440 was a Buyer's Market.

Key Takeaway

80440 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80440, CO

How much do homes in 80440, CO cost?

Median Sold Price

$665,000

$334/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$145,000(+27.9%)

Key Takeaway

Homes in 80440 have sold for 27.9% more than they did a month ago.

Summary: The median home sold price in 80440 was $665,000 in October 2024, up 27.9% from last month, and the median price per square foot was $334.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $300K$465K
+55.0%
2 $703.2K$646K
-8.1%
3 $615K$740K
+20.3%
4 --
N/A
5+ -$680K
N/A

Summary: 80440 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 55%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes increased by 20.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80440
+27.9%
80420
-3.1%
80461
-16.4%

Housing Supply in 80440, CO

How many homes are available in 80440, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9392-1.1%

Summary: The 80440 real estate market had 92 homes for sale in October 2024, a 1.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 1614
-12.5%
3 5553
-3.6%
4 1314
+7.7%
5+ 46
+50.0%

Summary: The 80440 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 decreased by 12.5%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
716+128.6%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80440, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 80440 in October 2024, up by 128.6% month-over-month. Of the 16 sold homes, 69% were sold under asking, 25% were sold at asking, and 6% were sold over asking.

Days on Market for 80440, CO

How long does it take to sell a home in 80440, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
55 Days100 Days+80.9%

Summary: Homes in 80440 had an average of 100 days on market in Oct 2024, up by 80.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80440 has remained consistent over time.

Summary: During October 2024, 16 homes were sold in 80440; 13% of homes were sold within 30 days, 69% of homes were sold within 30 to 90 days, and 19% 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 13 Days Ago

Newest Listings in 80440, CO

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