$9,203 Closing Credit*
$775,000
3,786 SqFt
5 Beds
•3 Full Baths
Katherine Bryant-Beach, Listing Office: Century 21 Moore Real Estate
Is 80603, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$504,833
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,593(+3.8%)
Key Takeaway
Homes in 80603 have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in 80603 was $504,833 in October 2024, up 3.8% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $411K | $380K | -7.5% |
| 3 Bedrooms | $467K | $460K | -1.5% |
| 4 Bedrooms | $495K | $513K | +3.7% |
| 5+ Bedrooms | $550K | $812.4K | +47.7% |
Summary: 80603 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 47.7%.
Housing Supply in 80603, CO
How many homes are available in 80603, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 103 | 120 | +16.5% |
Summary: The 80603 real estate market had 120 homes for sale in October 2024, a 16.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 40 | 49 | +22.5% |
| 4 Bedrooms | 39 | 43 | +10.3% |
| 5+ Bedrooms | 19 | 23 | +21.1% |
Summary: The 80603 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.5%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 21.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 33 | +94.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80603, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.
Summary: A total of 33 homes were sold or pending in 80603 in October 2024, up by 94.1% month-over-month. Of the 33 sold homes, 33% were sold under asking, 36% were sold at asking, and 30% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 45 Days | +38.4% |
Summary: Homes in 80603 had an average of 45 days on market in Oct 2024, up by 38.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 33 homes were sold in 80603; 48% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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