$10,000 Closing Credit*
$1,100,000
1,764 SqFt
2 Beds
•2 Baths
John Cheever, Listing Office: Resident Realty
Is 80447, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 80447 has remained a Buyer's Market.
Key Takeaway
80447 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 80447, CO
How much do homes in 80447, CO cost?
Median Sold Price
$775,000
$441/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$275,000(-26.2%)
Key Takeaway
Homes in 80447 have sold for 26.2% less than they did a month ago.
Summary: The median home sold price in 80447 was $775,000 in November 2024, down 26.2% from last month, and the median price per square foot was $441.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $687.5K | N/A |
| 3 Bedrooms | $879.5K | $767.5K | -12.7% |
| 4 Bedrooms | $1.2M | $915K | -27.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: 80447 housing prices by bedroom type for November 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 decreased by 12.7%, 4 bedroom homes decreased by 27.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 80447 | $1.0M | $775K | -26.2% |
| 80480 | $450K | $272K | -39.6% |
| 80446 | $1.1M | $570K | -50.3% |
Housing Supply in 80447, CO
How many homes are available in 80447, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 45 | -4.3% |
Summary: The 80447 real estate market had 45 homes for sale in November 2024, a 4.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 80447 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 80447, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 80447 in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for 80447, CO
How long does it take to sell a home in 80447, CO?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 45 Days | +6.6% |
Summary: Homes in 80447 had an average of 45 days on market in Nov 2024, up by 6.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 80447 has remained consistent over time.
Summary: During November 2024, 6 homes were sold in 80447; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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