Is 80908, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80908 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80908 has remained a Buyer's Market.

Key Takeaway

80908 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80908, CO

How much do homes in 80908, CO cost?

Median Sold Price

$760,000

$270/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$223,500(+41.7%)

Key Takeaway

Homes in 80908 have sold for 41.7% more than they did a month ago.

Summary: The median home sold price in 80908 was $760,000 in October 2024, up 41.7% from last month, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $450K$414K
-8.0%
3 $535K$395K
-26.2%
4 $699K$635K
-9.2%
5+ $1.0M$1.2M
+20.4%

Summary: 80908 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 8%, 3 bedroom homes decreased by 26.2%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes increased by 20.4%.

Median Sold Price Compared To Nearby Zip Codes

80908
+41.7%
80924
+19.4%
80927
-0.9%
80920
-6.9%
80923
-8.5%

Housing Supply in 80908, CO

How many homes are available in 80908, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
317377+18.9%

Summary: The 80908 real estate market had 377 homes for sale in October 2024, a 18.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2530
+20.0%
3 6687
+31.8%
4 98116
+18.4%
5+ 128144
+12.5%

Summary: The 80908 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 20%, 3 bedroom homes increased by 31.8%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1827+50.0%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80908, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 80908 in October 2024, up by 50.0% month-over-month. Of the 27 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.

Days on Market for 80908, CO

How long does it take to sell a home in 80908, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
43 Days50 Days+14.6%

Summary: Homes in 80908 had an average of 50 days on market in Oct 2024, up by 14.6% compared to last month.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80908 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 27 homes were sold in 80908; 48% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 15% 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 13 Days Ago

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