Is 80906, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80906 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 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

$825,000

$214/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$182,500(+28.4%)

Key Takeaway

Homes in 80906 have sold for 28.4% more than they did a month ago.

Summary: The median home sold price in 80906 was $825,000 in November 2024, up 28.4% from last month, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $237.5K$192.5K
-18.9%
3 $423.7K$360K
-15.0%
4 $765K$777.5K
+1.6%
5+ $857.5K$1.2M
+39.9%

Summary: 80906 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.9%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 39.9%.

Median Sold Price Compared To Nearby Zip Codes

80903
+44.1%
80906
+28.4%
80905
+14.0%

Housing Supply in 80906, CO

How many homes are available in 80906, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
181209+15.5%

Summary: The 80906 real estate market had 209 homes for sale in November 2024, a 15.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3539
+11.4%
3 4557
+26.7%
4 5966
+11.9%
5+ 4247
+11.9%

Summary: The 80906 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 11.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1411-21.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer73%27%

Key Takeaway

If you're buying a home in 80906, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 80906 in November 2024, down by 21.4% month-over-month. Of the 11 sold homes, 73% were sold under asking, 27% were sold at asking, and 0% 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 2024Nov 2024CHANGE
42 Days67 Days+57.5%

Summary: Homes in 80906 had an average of 67 days on market in Nov 2024, up by 57.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times45%27%27%

Key Takeaway

Avg time on Rocket Homes in 80906 has remained consistent over time.

Summary: During November 2024, 11 homes were sold in 80906; 27% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 27% 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

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