Is 80909, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80909 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80909 has remained a Buyer's Market.

Key Takeaway

80909 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80909, CO

How much do homes in 80909, CO cost?

Median Sold Price

$425,000

$285/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$19,050(+4.7%)

Key Takeaway

Homes in 80909 have sold for 4.7% more than they did a month ago.

Summary: The median home sold price in 80909 was $425,000 in October 2024, up 4.7% from last month, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $323K-
N/A
3 $339K$334K
-1.5%
4 $412K$425K
+3.2%
5+ $540K$457.5K
-15.3%

Summary: 80909 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 did not change, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 15.3%.

Median Sold Price Compared To Nearby Zip Codes

80909
+4.7%
80915
-12.4%
80917
-17.0%
80910
-21.6%
80903
-31.5%

Housing Supply in 80909, CO

How many homes are available in 80909, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
128168+31.3%

Summary: The 80909 real estate market had 168 homes for sale in October 2024, a 31.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 1519
+26.7%
3 4362
+44.2%
4 4051
+27.5%
5+ 2632
+23.1%

Summary: The 80909 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 26.7%, 3 bedroom homes increased by 44.2%, 4 bedroom homes increased by 27.5%, and 5+ bedroom homes increased by 23.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
148-42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80909, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 80909 in October 2024, down by 42.9% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for 80909, CO

How long does it take to sell a home in 80909, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
38 Days15 Days-59.8%

Summary: Homes in 80909 had an average of 15 days on market in Oct 2024, down by 59.8% compared to last month.

Breakdown of Home Sale Times

7 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 80909 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 80909; 88% of homes were sold within 30 days, 13% 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 20 Days Ago

Newest Listings in 80909, CO

Nearby Markets to 80909, CO