$5,878 Closing Credit*
$495,000
1,421 SqFt
3 Beds
•2 Full Baths, 1 Partial
Rona Gates, Listing Office: HomeSmart
Is 80603, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 80603 has remained a Seller's Market.
Key Takeaway
80603 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80603, CO
How much do homes in 80603, CO cost?
Median Sold Price
$500,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,000(+2.5%)
Key Takeaway
Homes in 80603 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 80603 was $500,000 in November 2024, up 2.5% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $390K | $367K | -5.9% |
| 3 Bedrooms | $459.9K | $460K | 0.0% |
| 4 Bedrooms | $499.4K | $513K | +2.7% |
| 5+ Bedrooms | $550K | $832.5K | +51.4% |
Summary: 80603 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 5.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 51.4%.
Housing Supply in 80603, CO
How many homes are available in 80603, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 113 | 100 | -11.5% |
Summary: The 80603 real estate market had 100 homes for sale in November 2024, a 11.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 48 | 47 | -2.1% |
| 4 Bedrooms | 41 | 30 | -26.8% |
| 5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The 80603 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 increased by 20%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 26.8%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 19 | -42.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80603, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 80603 in November 2024, down by 42.4% month-over-month. Of the 19 sold homes, 47% were sold under asking, 32% were sold at asking, and 21% were sold over asking.
Days on Market for 80603, CO
How long does it take to sell a home in 80603, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 38 Days | -4.0% |
Summary: Homes in 80603 had an average of 38 days on market in Nov 2024, down by 4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80603 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in 80603; 53% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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