Is 80828, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80828 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 80828 was a Buyer's Market.

Key Takeaway

80828 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80828, CO

How much do homes in 80828, CO cost?

Median Sold Price

$295,000

$191/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$90,000(+43.9%)

Key Takeaway

Homes in 80828 have sold for 43.9% more than they did a month ago.

Summary: The median home sold price in 80828 was $295,000 in October 2024, up 43.9% from last month, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $110K-
N/A
3 $300K$300K
0.0%
4 -$200K
N/A
5+ --
N/A

Summary: 80828 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80828
+43.9%
80105
-0.7%

Housing Supply in 80828, CO

How many homes are available in 80828, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1517+13.3%

Summary: The 80828 real estate market had 17 homes for sale in October 2024, a 13.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 21
-50.0%
3 88
0.0%
4 57
+40.0%
5+ 00
0.0%

Summary: The 80828 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80828, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 80828 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 80828, CO

How long does it take to sell a home in 80828, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
5 Days23 Days+360.0%

Summary: Homes in 80828 had an average of 23 days on market in Oct 2024, up by 360% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80828 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 80828; 67% of homes were sold within 30 days, 33% 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 4 Days Ago

Newest Listings in 80828, CO

Nearby Markets to 80828, CO