Is 80528, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80528 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 80528 has remained a Seller's Market.

Key Takeaway

80528 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80528, CO

How much do homes in 80528, CO cost?

Median Sold Price

$579,604

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$30,060(-4.9%)

Key Takeaway

Homes in 80528 have sold for 4.9% less than they did a year ago.

Summary: The median home sold price in 80528 was $579,604 in December 2024, down 4.9% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $335K$317K
-5.4%
2 $415K$384.9K
-7.3%
3 $538.2K$529K
-1.7%
4 $710K$661.5K
-6.8%
5+ $885K$880K
-0.6%

Summary: 80528 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Zip Codes

80547
+60.3%
80550
+6.8%
80538
+2.2%
80525
0.0%
80528
-4.9%

Housing Supply in 80528, CO

How many homes are available in 80528, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
191192+0.5%

Summary: The 80528 real estate market had 192 homes for sale in December 2024, a 0.5% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 2323
0.0%
3 7579
+5.3%
4 5958
-1.7%
5+ 3331
-6.1%

Summary: The 80528 housing inventory by bedroom type for December 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 5.3%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 6.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2342+82.6%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80528, you may be able to get a good deal. 54.8% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in 80528 in December 2024, up by 82.6% month-over-month. Of the 42 sold homes, 55% were sold under asking, 26% were sold at asking, and 19% were sold over asking.

Days on Market for 80528, CO

How long does it take to sell a home in 80528, CO?

Average Sale Time

Dec 2023Dec 2024CHANGE
35 Days63 Days+76.1%

Summary: Homes in 80528 had an average of 63 days on market in Dec 2024, up by 76.1% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80528 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 42 homes were sold in 80528; 38% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 29% 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 7 Days Ago

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