Is 80643, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80643 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 80643 has remained a Seller's Market.

Key Takeaway

80643 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80643, CO

How much do homes in 80643, CO cost?

Median Sold Price

$480,000

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,000(+4.6%)

Key Takeaway

Homes in 80643 have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in 80643 was $480,000 in October 2024, up 4.6% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$305K
N/A
3 $415K$430K
+3.6%
4 $610.5K$690K
+13.0%
5+ $870K$787.5K
-9.5%

Summary: 80643 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 did not change, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 9.5%.

Median Sold Price Compared To Nearby Zip Codes

80643
+4.6%
80645
-8.4%

Housing Supply in 80643, CO

How many homes are available in 80643, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3530-14.3%

Summary: The 80643 real estate market had 30 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 2118
-14.3%
4 79
+28.6%
5+ 63
-50.0%

Summary: The 80643 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 decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
880.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80643, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 80643 in October 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 80643, CO

How long does it take to sell a home in 80643, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days94 Days+77.8%

Summary: Homes in 80643 had an average of 94 days on market in Oct 2024, up by 77.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 80643 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 8 homes were sold in 80643; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 23 Days Ago

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