Is 80537, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80537 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 80537 has remained a Seller's Market.

Key Takeaway

80537 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80537, CO

How much do homes in 80537, CO cost?

Median Sold Price

$515,000

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$5,000(+1.0%)

Key Takeaway

Homes in 80537 have sold for 1% more than they did a year ago.

Summary: The median home sold price in 80537 was $515,000 in December 2024, up 1% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $322.5K$295K
-8.5%
2 $394K$395K
0.3%
3 $486.1K$485.8K
-0.1%
4 $575K$579.5K
+0.8%
5+ $732.5K$665K
-9.2%

Summary: 80537 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes increased by 0.3%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 9.2%.

Median Sold Price Compared To Nearby Zip Codes

80534
+4.1%
80538
+2.2%
80537
+1.0%
80513
-3.0%

Housing Supply in 80537, CO

How many homes are available in 80537, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
258244-5.4%

Summary: The 80537 real estate market had 244 homes for sale in December 2024, a 5.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 54
-20.0%
2 4034
-15.0%
3 10098
-2.0%
4 6969
0.0%
5+ 4439
-11.4%

Summary: The 80537 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 15%, 3 bedroom homes decreased by 2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.4%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
5444-18.5%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80537, you may be able to get a good deal. 52.3% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in 80537 in December 2024, down by 18.5% month-over-month. Of the 44 sold homes, 52% were sold under asking, 36% were sold at asking, and 11% were sold over asking.

Days on Market for 80537, CO

How long does it take to sell a home in 80537, CO?

Average Sale Time

Dec 2023Dec 2024CHANGE
40 Days52 Days+32.0%

Summary: Homes in 80537 had an average of 52 days on market in Dec 2024, up by 32% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80537 has remained consistent over time.

Summary: During December 2024, 44 homes were sold in 80537; 34% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 16% 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 6 Days Ago

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