Is 80920, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80920 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80920 has remained a Buyer's Market.

Key Takeaway

80920 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80920, CO

How much do homes in 80920, CO cost?

Median Sold Price

$542,500

$210/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$10,000(+1.9%)

Key Takeaway

Homes in 80920 have sold for 1.9% more than they did a month ago.

Summary: The median home sold price in 80920 was $542,500 in November 2024, up 1.9% from last month, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $309.9K-
N/A
3 $443.7K$410K
-7.6%
4 $505K$532.5K
+5.4%
5+ $615K$545K
-11.4%

Summary: 80920 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 did not change, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 11.4%.

Median Sold Price Compared To Nearby Zip Codes

80920
+1.9%
80918
-7.6%

Housing Supply in 80920, CO

How many homes are available in 80920, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
119142+19.3%

Summary: The 80920 real estate market had 142 homes for sale in November 2024, a 19.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 02
+100.0%
2 1312
-7.7%
3 2429
+20.8%
4 3951
+30.8%
5+ 4348
+11.6%

Summary: The 80920 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 11.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80920, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 80920 in November 2024, down by 14.3% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.

Days on Market for 80920, CO

How long does it take to sell a home in 80920, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
30 Days37 Days+22.7%

Summary: Homes in 80920 had an average of 37 days on market in Nov 2024, up by 22.7% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80920 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in 80920; 50% of homes were sold within 30 days, 50% 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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