Is 80634, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80634 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 80634 has remained a Seller's Market.

Key Takeaway

80634 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80634, CO

How much do homes in 80634, CO cost?

Median Sold Price

$440,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+3.5%)

Key Takeaway

Homes in 80634 have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in 80634 was $440,000 in October 2024, up 3.5% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $253K$254.5K
+0.6%
2 $329.5K$319.5K
-3.0%
3 $413.9K$425K
+2.7%
4 $453K$470K
+3.8%
5+ $475K$504.9K
+6.3%

Summary: 80634 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Zip Codes

80550
+6.4%
80543
+3.8%
80634
+3.5%
80620
0.2%
80631
0.2%

Housing Supply in 80634, CO

How many homes are available in 80634, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
340350+2.9%

Summary: The 80634 real estate market had 350 homes for sale in October 2024, a 2.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 4849
+2.1%
3 117119
+1.7%
4 102110
+7.8%
5+ 7270
-2.8%

Summary: The 80634 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 2.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8065-18.8%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80634, you may be able to get a good deal. 43.1% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in 80634 in October 2024, down by 18.8% month-over-month. Of the 65 sold homes, 43% were sold under asking, 34% were sold at asking, and 23% were sold over asking.

Days on Market for 80634, CO

How long does it take to sell a home in 80634, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days37 Days+2.8%

Summary: Homes in 80634 had an average of 37 days on market in Oct 2024, up by 2.8% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

26 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80634 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 65 homes were sold in 80634; 51% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 9% 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 20 Days Ago

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