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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80528 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 80528 was a Neutral Market.

Key Takeaway

80528 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80528, CO

How much do homes in 80528, CO cost?

Median Sold Price

$575,197

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$40,002(-6.5%)

Key Takeaway

Homes in 80528 have sold for 6.5% less than they did a year ago.

Summary: The median home sold price in 80528 was $575,197 in November 2024, down 6.5% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $335K-
N/A
2 $417.5K$384.9K
-7.8%
3 $543K$526.2K
-3.1%
4 $718.1K$660K
-8.1%
5+ $885K$865K
-2.3%

Summary: 80528 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.8%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 2.3%.

Median Sold Price Compared To Nearby Zip Codes

80550
+7.0%
80538
+1.2%
80525
0.4%
80528
-6.5%

Housing Supply in 80528, CO

How many homes are available in 80528, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
209201-3.8%

Summary: The 80528 real estate market had 201 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2924
-17.2%
3 7978
-1.3%
4 6164
+4.9%
5+ 3934
-12.8%

Summary: The 80528 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 17.2%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 12.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4622-52.2%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 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. 50% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 80528 in November 2024, down by 52.2% month-over-month. Of the 22 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% 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

Nov 2023Nov 2024CHANGE
54 Days52 Days-3.3%

Summary: Homes in 80528 had an average of 52 days on market in Nov 2024, down by 3.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 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 November 2024, 22 homes were sold in 80528; 50% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 27% 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 2 Days Ago

Newest Listings in 80528, CO

Nearby Markets to 80528, CO