$10,000 Closing Credit*
$915,000
3,133 SqFt
4 Beds
•1 Full Bath, 3 Partial
Kimberlee Martin, Listing Office: RE/MAX Professionals
Is 80470, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 80470 has remained a Buyer's Market.
Key Takeaway
80470 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 80470, CO
How much do homes in 80470, CO cost?
Median Sold Price
$705,000
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-1.4%)
Key Takeaway
Homes in 80470 have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in 80470 was $705,000 in October 2024, down 1.4% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $400K | N/A |
| 2 Bedrooms | $509K | $505K | -0.8% |
| 3 Bedrooms | $715K | $647.5K | -9.4% |
| 4 Bedrooms | $715K | $1.0M | +42.4% |
| 5+ Bedrooms | $1.2M | $888.6K | -28.3% |
Summary: 80470 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 42.4%, and 5+ bedroom homes decreased by 28.3%.
Housing Supply in 80470, CO
How many homes are available in 80470, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 58 | +5.5% |
Summary: The 80470 real estate market had 58 homes for sale in October 2024, a 5.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 20 | 23 | +15.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 80470 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 increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 80470, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 80470 in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for 80470, CO
How long does it take to sell a home in 80470, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 73 Days | 66 Days | -9.0% |
Summary: Homes in 80470 had an average of 66 days on market in Oct 2024, down by 9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 80470 has remained consistent over time.
Summary: During October 2024, 7 homes were sold in 80470; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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