Is 80751, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80751 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 80751 has remained a Seller's Market.

Key Takeaway

80751 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80751, CO

How much do homes in 80751, CO cost?

Median Sold Price

$244,950

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,450(+2.7%)

Key Takeaway

Homes in 80751 have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in 80751 was $244,950 in November 2024, up 2.7% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $99K$80K
-19.2%
2 $182.5K$182K
-0.3%
3 $235.5K$239.9K
+1.9%
4 $273.7K$315K
+15.1%
5+ $400K$375.5K
-6.1%

Summary: 80751 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.2%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 6.1%.

Housing Supply in 80751, CO

How many homes are available in 80751, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8781-6.9%

Summary: The 80751 real estate market had 81 homes for sale in November 2024, a 6.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2521
-16.0%
3 2323
0.0%
4 2119
-9.5%
5+ 1818
0.0%

Summary: The 80751 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 decreased by 16%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2016-20.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80751, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 80751 in November 2024, down by 20.0% month-over-month. Of the 16 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.

Days on Market for 80751, CO

How long does it take to sell a home in 80751, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days43 Days+66.0%

Summary: Homes in 80751 had an average of 43 days on market in Nov 2024, up by 66% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80751 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in 80751; 56% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% 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 21 Days Ago

Newest Listings in 80751, CO

Nearby Markets to 80751, CO