$8,894 Closing Credit*
$749,000
2,723 SqFt
4 Beds
•3 Full Baths
Heather Lindh, Listing Office: ASPEN LEAF REALTY
Is 80461, 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, 80461 has remained a Seller's Market.
Key Takeaway
80461 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80461, CO
How much do homes in 80461, CO cost?
Median Sold Price
$407,500
$342/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$80,194(-16.4%)
Key Takeaway
Homes in 80461 have sold for 16.4% less than they did a month ago.
Summary: The median home sold price in 80461 was $407,500 in October 2024, down 16.4% from last month, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $303K | N/A |
| 2 Bedrooms | $369K | $369.2K | 0.1% |
| 3 Bedrooms | $466.8K | $932.5K | +99.7% |
| 4 Bedrooms | $611K | $565K | -7.5% |
| 5+ Bedrooms | $581.4K | $950K | +63.4% |
Summary: 80461 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 0.1%, 3 bedroom homes increased by 99.7%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 63.4%.
Housing Supply in 80461, CO
How many homes are available in 80461, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 68 | -9.3% |
Summary: The 80461 real estate market had 68 homes for sale in October 2024, a 9.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 19 | 20 | +5.3% |
| 3 Bedrooms | 36 | 30 | -16.7% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 80461 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80461, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 80461 in October 2024, down by 7.1% month-over-month. Of the 13 sold homes, 85% were sold under asking, 0% were sold at asking, and 15% were sold over asking.
Days on Market for 80461, CO
How long does it take to sell a home in 80461, CO?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 61 Days | +162.7% |
Summary: Homes in 80461 had an average of 61 days on market in Oct 2024, up by 162.7% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80461 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 80461; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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