$4,155 Closing Credit*
$349,900
1,112 SqFt
3 Beds
•2 Full Baths
Karen Harvey, Listing Office: RE/MAX Real Estate Group LLC
Is 80906, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 80906 has remained a Buyer's Market.
Key Takeaway
80906 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 80906, CO
How much do homes in 80906, CO cost?
Median Sold Price
$613,400
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$31,600(-4.9%)
Key Takeaway
Homes in 80906 have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in 80906 was $613,400 in October 2024, down 4.9% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.8M | N/A |
| 2 Bedrooms | $340K | $295K | -13.2% |
| 3 Bedrooms | $485K | $535K | +10.3% |
| 4 Bedrooms | $645K | $625K | -3.1% |
| 5+ Bedrooms | $1.1M | $910K | -17.3% |
Summary: 80906 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.2%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 17.3%.
Housing Supply in 80906, CO
How many homes are available in 80906, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 187 | 238 | +27.3% |
Summary: The 80906 real estate market had 238 homes for sale in October 2024, a 27.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 33 | 42 | +27.3% |
| 3 Bedrooms | 46 | 66 | +43.5% |
| 4 Bedrooms | 63 | 76 | +20.6% |
| 5+ Bedrooms | 44 | 54 | +22.7% |
Summary: The 80906 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 43.5%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes increased by 22.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80906, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 80906 in October 2024, down by 17.6% month-over-month. Of the 14 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.
Days on Market for 80906, CO
How long does it take to sell a home in 80906, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 109 Days | 42 Days | -61.1% |
Summary: Homes in 80906 had an average of 42 days on market in Oct 2024, down by 61.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 80906 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in 80906; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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