Is 80903, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80903 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80903 has remained a Buyer's Market.

Key Takeaway

80903 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80903, CO

How much do homes in 80903, CO cost?

Median Sold Price

$280,000

$306/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$129,000(-31.5%)

Key Takeaway

Homes in 80903 have sold for 31.5% less than they did a month ago.

Summary: The median home sold price in 80903 was $280,000 in October 2024, down 31.5% from last month, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $186.9K$280K
+49.8%
2 $317K$237.4K
-25.1%
3 $460K$365K
-20.7%
4 $765K$600K
-21.6%
5+ --
N/A

Summary: 80903 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 49.8%, 2 bedroom homes decreased by 25.1%, 3 bedroom homes decreased by 20.7%, 4 bedroom homes decreased by 21.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80905
+15.5%
80909
+4.7%
80910
-21.6%
80903
-31.5%

Housing Supply in 80903, CO

How many homes are available in 80903, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7686+13.2%

Summary: The 80903 real estate market had 86 homes for sale in October 2024, a 13.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1414
0.0%
2 2328
+21.7%
3 2123
+9.5%
4 89
+12.5%
5+ 1012
+20.0%

Summary: The 80903 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 21.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80903, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 80903 in October 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 80903, CO

How long does it take to sell a home in 80903, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
22 Days86 Days+285.7%

Summary: Homes in 80903 had an average of 86 days on market in Oct 2024, up by 285.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80903 has remained consistent over time.

Summary: During October 2024, 5 homes were sold in 80903; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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 20 Days Ago

Newest Listings in 80903, CO

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