Is 80482, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80482 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 80482 has remained a Seller's Market.

Key Takeaway

80482 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80482, CO

How much do homes in 80482, CO cost?

Median Sold Price

$1,537,500

$761/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$581,000(+60.7%)

Key Takeaway

Homes in 80482 have sold for 60.7% more than they did a month ago.

Summary: The median home sold price in 80482 was $1,537,500 in October 2024, up 60.7% from last month, and the median price per square foot was $761.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $556K$512.5K
-7.8%
2 $863.7K$865K
0.1%
3 $1.2M$1.2M
+2.7%
4 $2.3M$2.0M
-15.7%
5+ $2.4M$2.5M
0.5%

Summary: 80482 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 15.7%, and 5+ bedroom homes increased by 0.5%.

Median Sold Price Compared To Nearby Zip Codes

80482
+60.7%
80442
-14.7%

Housing Supply in 80482, CO

How many homes are available in 80482, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5053+6.0%

Summary: The 80482 real estate market had 53 homes for sale in October 2024, a 6.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 67
+16.7%
2 1415
+7.1%
3 1517
+13.3%
4 67
+16.7%
5+ 97
-22.2%

Summary: The 80482 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
10100.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80482, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 80482 in October 2024, the same as the previous month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.

Days on Market for 80482, CO

How long does it take to sell a home in 80482, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
55 Days150 Days+174.0%

Summary: Homes in 80482 had an average of 150 days on market in Oct 2024, up by 174% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 80482 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 10 homes were sold in 80482; 30% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

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