$8,016 Closing Credit*
$675,000
1,250 SqFt
3 Beds
•1 Full Bath, 2 Partial
Julie George, Listing Office: Mountain Peak Property
Is 80442, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 80442 was a Neutral Market.
Key Takeaway
80442 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 80442, CO
How much do homes in 80442, CO cost?
Median Sold Price
$640,000
$535/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$110,000(-14.7%)
Key Takeaway
Homes in 80442 have sold for 14.7% less than they did a month ago.
Summary: The median home sold price in 80442 was $640,000 in October 2024, down 14.7% from last month, and the median price per square foot was $535.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $535K | $552.5K | +3.3% |
| 3 Bedrooms | $1.1M | $760K | -36.4% |
| 4 Bedrooms | $935K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 80442 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 increased by 3.3%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 80482 | $956.5K | $1.5M | +60.7% |
| 80446 | $878K | $1.1M | +30.5% |
| 80442 | $750K | $640K | -14.7% |
Housing Supply in 80442, CO
How many homes are available in 80442, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 34 | +9.7% |
Summary: The 80442 real estate market had 34 homes for sale in October 2024, a 9.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 80442 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80442, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 80442 in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 80442, CO
How long does it take to sell a home in 80442, CO?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 104 Days | +153.7% |
Summary: Homes in 80442 had an average of 104 days on market in Oct 2024, up by 153.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 80442 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in 80442; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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