Is 80734, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80734 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 80734 was a Neutral Market.

Key Takeaway

80734 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80734, CO

How much do homes in 80734, CO cost?

Median Sold Price

$265,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,000(+20.5%)

Key Takeaway

Homes in 80734 have sold for 20.5% more than they did a year ago.

Summary: The median home sold price in 80734 was $265,000 in November 2024, up 20.5% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $135K-
N/A
2 $160K$220K
+37.5%
3 $220K$242.5K
+10.2%
4 $297.5K$295K
-0.8%
5+ $355K$315K
-11.3%

Summary: 80734 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 increased by 37.5%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 11.3%.

Housing Supply in 80734, CO

How many homes are available in 80734, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1012+20.0%

Summary: The 80734 real estate market had 12 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 44
0.0%
4 12
+100.0%
5+ 12
+100.0%

Summary: The 80734 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80734, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 80734 in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 80734, CO

How long does it take to sell a home in 80734, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days157 Days+361.8%

Summary: Homes in 80734 had an average of 157 days on market in Nov 2024, up by 361.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 80734 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in 80734; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

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