$5,344 Closing Credit*
$450,000
2,160 SqFt
4 Beds
•1 Full Bath, 1 Partial
Anne-Kathrin Cao MRP PSA, Listing Office: West and Main Homes
Is 80905, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 80905 has remained a Buyer's Market.
Key Takeaway
80905 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 80905, CO
How much do homes in 80905, CO cost?
Median Sold Price
$397,000
$279/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$53,250(+15.5%)
Key Takeaway
Homes in 80905 have sold for 15.5% more than they did a month ago.
Summary: The median home sold price in 80905 was $397,000 in October 2024, up 15.5% from last month, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $326.2K | $320K | -1.9% |
| 3 Bedrooms | $385K | $655K | +70.1% |
| 4 Bedrooms | - | $576K | N/A |
| 5+ Bedrooms | - | $538.5K | N/A |
Summary: 80905 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 decreased by 1.9%, 3 bedroom homes increased by 70.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 80905 | $343.7K | $397K | +15.5% |
| 80903 | $409K | $280K | -31.5% |
| 80904 | $500K | $315K | -37.0% |
Housing Supply in 80905, CO
How many homes are available in 80905, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 97 | +29.3% |
Summary: The 80905 real estate market had 97 homes for sale in October 2024, a 29.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 23 | 37 | +60.9% |
| 4 Bedrooms | 16 | 21 | +31.3% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The 80905 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 60.9%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80905, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 80905 in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for 80905, CO
How long does it take to sell a home in 80905, CO?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 69 Days | +102.3% |
Summary: Homes in 80905 had an average of 69 days on market in Oct 2024, up by 102.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 80905 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 7 homes were sold in 80905; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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