Is 80521, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80521 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 80521 has remained a Seller's Market.

Key Takeaway

80521 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80521, CO

How much do homes in 80521, CO cost?

Median Sold Price

$521,166

$352/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$18,903(-3.5%)

Key Takeaway

Homes in 80521 have sold for 3.5% less than they did a year ago.

Summary: The median home sold price in 80521 was $521,166 in October 2024, down 3.5% from last year, and the median price per square foot was $352.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $306.5K$297K
-3.1%
2 $415K$377.5K
-9.0%
3 $511.5K$510K
-0.3%
4 $639.8K$612.5K
-4.3%
5+ $948K$800K
-15.6%

Summary: 80521 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes decreased by 9%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 15.6%.

Median Sold Price Compared To Nearby Zip Codes

80524
+4.0%
80526
+2.1%
80521
-3.5%

Housing Supply in 80521, CO

How many homes are available in 80521, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
110117+6.4%

Summary: The 80521 real estate market had 117 homes for sale in October 2024, a 6.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 35
+66.7%
2 3130
-3.2%
3 3642
+16.7%
4 2624
-7.7%
5+ 1416
+14.3%

Summary: The 80521 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2335+52.2%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80521, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in 80521 in October 2024, up by 52.2% month-over-month. Of the 35 sold homes, 51% were sold under asking, 31% were sold at asking, and 17% were sold over asking.

Days on Market for 80521, CO

How long does it take to sell a home in 80521, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days48 Days+66.1%

Summary: Homes in 80521 had an average of 48 days on market in Oct 2024, up by 66.1% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80521 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 35 homes were sold in 80521; 49% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 14% 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 14 Days Ago

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