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 November 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

$513,166

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,500(+0.3%)

Key Takeaway

The sold price of homes in 80537 has remained the same since last year.

Summary: The median home sold price in 80537 was $513,166 in November 2024, up 0.3% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $322.5K$295K
-8.5%
2 $390K$394.6K
+1.2%
3 $487.1K$485K
-0.4%
4 $575K$575K
0.0%
5+ $745K$674K
-9.5%

Summary: 80537 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 9.5%.

Median Sold Price Compared To Nearby Zip Codes

80534
+4.5%
80538
+1.2%
80537
0.3%
80513
-4.0%

Housing Supply in 80537, CO

How many homes are available in 80537, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
295289-2.0%

Summary: The 80537 real estate market had 289 homes for sale in November 2024, a 2.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 4340
-7.0%
3 118108
-8.5%
4 8183
+2.5%
5+ 5054
+8.0%

Summary: The 80537 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 7%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5054+8.0%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

3 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. 61.1% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in 80537 in November 2024, up by 8.0% month-over-month. Of the 54 sold homes, 61% were sold under asking, 33% were sold at asking, and 6% 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

Nov 2023Nov 2024CHANGE
40 Days45 Days+13.1%

Summary: Homes in 80537 had an average of 45 days on market in Nov 2024, up by 13.1% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

6 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 November 2024, 54 homes were sold in 80537; 43% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 11% 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

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