Is 80601, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80601 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 80601 has remained a Seller's Market.

Key Takeaway

80601 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80601, CO

How much do homes in 80601, CO cost?

Median Sold Price

$525,000

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$10,000(+1.9%)

Key Takeaway

Homes in 80601 have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in 80601 was $525,000 in December 2024, up 1.9% from last year, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $290K$257.7K
-11.1%
2 $375K$370K
-1.3%
3 $485K$504.2K
+4.0%
4 $550K$549.9K
0%
5+ $604K$599.9K
-0.7%

Summary: 80601 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 0.7%.

Median Sold Price Compared To Nearby Zip Codes

80603
+3.7%
80602
+2.8%
80601
+1.9%

Housing Supply in 80601, CO

How many homes are available in 80601, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
320281-12.2%

Summary: The 80601 real estate market had 281 homes for sale in December 2024, a 12.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 3130
-3.2%
3 136120
-11.8%
4 10485
-18.3%
5+ 4946
-6.1%

Summary: The 80601 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 decreased by 3.2%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 18.3%, and 5+ bedroom homes decreased by 6.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
7775-2.6%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

38 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80601, expect to pay close to the asking price. 50.7% of homes here sold near the asking price last month.

Summary: A total of 75 homes were sold or pending in 80601 in December 2024, down by 2.6% month-over-month. Of the 75 sold homes, 29% were sold under asking, 51% were sold at asking, and 20% were sold over asking.

Days on Market for 80601, CO

How long does it take to sell a home in 80601, CO?

Average Sale Time

Dec 2023Dec 2024CHANGE
41 Days62 Days+50.7%

Summary: Homes in 80601 had an average of 62 days on market in Dec 2024, up by 50.7% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80601 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 75 homes were sold in 80601; 43% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 25% 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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