Is 80817, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80817 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80817 has remained a Buyer's Market.

Key Takeaway

80817 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80817, CO

How much do homes in 80817, CO cost?

Median Sold Price

$416,500

$205/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$18,500(+4.6%)

Key Takeaway

Homes in 80817 have sold for 4.6% more than they did a month ago.

Summary: The median home sold price in 80817 was $416,500 in October 2024, up 4.6% from last month, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$300K
N/A
3 $396K$416.5K
+5.2%
4 $444K$435K
-2.0%
5+ $485K-
N/A

Summary: 80817 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80911
+6.4%
80817
+4.6%

Housing Supply in 80817, CO

How many homes are available in 80817, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
128181+41.4%

Summary: The 80817 real estate market had 181 homes for sale in October 2024, a 41.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1219
+58.3%
3 5380
+50.9%
4 4046
+15.0%
5+ 2336
+56.5%

Summary: The 80817 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 increased by 58.3%, 3 bedroom homes increased by 50.9%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 56.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
126-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80817, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 80817 in October 2024, down by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for 80817, CO

How long does it take to sell a home in 80817, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
45 Days38 Days-16.2%

Summary: Homes in 80817 had an average of 38 days on market in Oct 2024, down by 16.2% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80817 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 80817; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 80817, CO

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