$4,453 Closing Credit*
$375,000
1,447 SqFt
3 Beds
•1 Full Bath, 1 Partial
Chad Brent, Listing Office: Group Loveland
Is 80631, 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, 80631 has remained a Seller's Market.
Key Takeaway
80631 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 80631, CO
How much do homes in 80631, CO cost?
Median Sold Price
$362,400
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$900(+0.2%)
Key Takeaway
The sold price of homes in 80631 has remained the same since last year.
Summary: The median home sold price in 80631 was $362,400 in October 2024, up 0.2% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $258.5K | $239K | -7.5% |
| 2 Bedrooms | $295K | $296K | 0.3% |
| 3 Bedrooms | $339K | $350.7K | +3.5% |
| 4 Bedrooms | $380K | $378.2K | -0.5% |
| 5+ Bedrooms | $450K | $422K | -6.2% |
Summary: 80631 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.5%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 6.2%.
Housing Supply in 80631, CO
How many homes are available in 80631, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 140 | 141 | +0.7% |
Summary: The 80631 real estate market had 141 homes for sale in October 2024, a 0.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 24 | 20 | -16.7% |
| 3 Bedrooms | 49 | 47 | -4.1% |
| 4 Bedrooms | 41 | 50 | +22.0% |
| 5+ Bedrooms | 24 | 23 | -4.2% |
Summary: The 80631 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 22%, and 5+ bedroom homes decreased by 4.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 32 | -15.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80631, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in 80631 in October 2024, down by 15.8% month-over-month. Of the 32 sold homes, 50% were sold under asking, 22% were sold at asking, and 28% were sold over asking.
Days on Market for 80631, CO
How long does it take to sell a home in 80631, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 55 Days | +52.3% |
Summary: Homes in 80631 had an average of 55 days on market in Oct 2024, up by 52.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80631 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 32 homes were sold in 80631; 41% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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