Is 80918, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80918 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80918 has remained a Buyer's Market.

Key Takeaway

80918 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80918, CO

How much do homes in 80918, CO cost?

Median Sold Price

$427,500

$212/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$35,000(-7.6%)

Key Takeaway

Homes in 80918 have sold for 7.6% less than they did a month ago.

Summary: The median home sold price in 80918 was $427,500 in November 2024, down 7.6% from last month, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $205K$203K
-1.0%
2 -$310K
N/A
3 $425K$389.9K
-8.3%
4 $462.5K$629.5K
+36.1%
5+ $535K$453.8K
-15.2%

Summary: 80918 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 36.1%, and 5+ bedroom homes decreased by 15.2%.

Median Sold Price Compared To Nearby Zip Codes

80920
+1.9%
80923
-4.3%
80918
-7.6%

Housing Supply in 80918, CO

How many homes are available in 80918, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
127151+18.9%

Summary: The 80918 real estate market had 151 homes for sale in November 2024, a 18.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 1722
+29.4%
3 3338
+15.2%
4 5063
+26.0%
5+ 2426
+8.3%

Summary: The 80918 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 29.4%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 26%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1513-13.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80918, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in 80918 in November 2024, down by 13.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 46% were sold at asking, and 15% were sold over asking.

Days on Market for 80918, CO

How long does it take to sell a home in 80918, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
41 Days57 Days+38.4%

Summary: Homes in 80918 had an average of 57 days on market in Nov 2024, up by 38.4% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80918 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in 80918; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% 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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