Is 80907, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80907 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80907 has remained a Buyer's Market.

Key Takeaway

80907 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80907, CO

How much do homes in 80907, CO cost?

Median Sold Price

$405,000

$350/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$15,550(+4.0%)

Key Takeaway

Homes in 80907 have sold for 4% more than they did a month ago.

Summary: The median home sold price in 80907 was $405,000 in November 2024, up 4% from last month, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $444.9K$337K
-24.3%
3 $625K$537K
-14.1%
4 $339.5K-
N/A
5+ --
N/A

Summary: 80907 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 24.3%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80904
+73.8%
80903
+44.1%
80907
+4.0%
80918
-7.6%
80909
-12.9%

Housing Supply in 80907, CO

How many homes are available in 80907, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
90107+18.9%

Summary: The 80907 real estate market had 107 homes for sale in November 2024, a 18.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1617
+6.3%
3 3439
+14.7%
4 1421
+50.0%
5+ 2630
+15.4%

Summary: The 80907 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 6.3%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80907, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 80907 in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 80907, CO

How long does it take to sell a home in 80907, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
46 Days13 Days-71.0%

Summary: Homes in 80907 had an average of 13 days on market in Nov 2024, down by 71% compared to last month.

Breakdown of Home Sale Times

4 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 80907 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 80907; 80% of homes were sold within 30 days, 20% 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 18 Days Ago

Newest Listings in 80907, CO

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