Is 80917, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80917 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 80917 was a Seller's Market.

Key Takeaway

80917 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80917, CO

How much do homes in 80917, CO cost?

Median Sold Price

$417,000

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,000(+9.7%)

Key Takeaway

Homes in 80917 have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in 80917 was $417,000 in November 2024, up 9.7% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $235K$242.5K
+3.2%
2 $275K$268.7K
-2.3%
3 $387.5K$391.5K
+1.0%
4 $473.4K$449.2K
-5.1%
5+ $489K$503K
+2.9%

Summary: 80917 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 2.9%.

Housing Supply in 80917, CO

How many homes are available in 80917, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
141155+9.9%

Summary: The 80917 real estate market had 155 homes for sale in November 2024, a 9.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 4854
+12.5%
3 4551
+13.3%
4 3335
+6.1%
5+ 1515
0.0%

Summary: The 80917 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 12.5%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80917, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 80917 in November 2024, down by 14.3% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.

Days on Market for 80917, CO

How long does it take to sell a home in 80917, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days26 Days+37.3%

Summary: Homes in 80917 had an average of 26 days on market in Nov 2024, up by 37.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80917 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in 80917; 67% of homes were sold within 30 days, 33% 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 21 Days Ago

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