Is 80480, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80480 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 80480 has remained a Seller's Market.

Key Takeaway

80480 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80480, CO

How much do homes in 80480, CO cost?

Median Sold Price

$450,000

$271/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$323,500(-41.8%)

Key Takeaway

Homes in 80480 have sold for 41.8% less than they did a month ago.

Summary: The median home sold price in 80480 was $450,000 in October 2024, down 41.8% from last month, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$540K
N/A
3 -$341K
N/A
4 $509K-
N/A
5+ $1.0M-
N/A

Summary: 80480 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 80480, CO

How many homes are available in 80480, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1112+9.1%

Summary: The 80480 real estate market had 12 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 68
+33.3%
4 11
0.0%
5+ 10
-100.0%

Summary: The 80480 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80480, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 80480 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 80480, CO

How long does it take to sell a home in 80480, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
57 Days47 Days-16.1%

Summary: Homes in 80480 had an average of 47 days on market in Oct 2024, down by 16.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80480 has remained consistent over time.

Summary: During October 2024, 5 homes were sold in 80480; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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 24 Days Ago

Newest Listings in 80480, CO

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