Is 80923, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80923 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 80923 was a Seller's Market.

Key Takeaway

80923 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80923, CO

How much do homes in 80923, CO cost?

Median Sold Price

$473,900

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$14,350(-2.9%)

Key Takeaway

Homes in 80923 have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in 80923 was $473,900 in December 2024, down 2.9% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $362.5K$380K
+4.8%
3 $450K$450K
0.0%
4 $528.5K$534.9K
+1.2%
5+ $603.9K$575K
-4.8%

Summary: 80923 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 4.8%.

Median Sold Price Compared To Nearby Zip Codes

80924
-1.5%
80923
-2.9%

Housing Supply in 80923, CO

How many homes are available in 80923, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
108123+13.9%

Summary: The 80923 real estate market had 123 homes for sale in December 2024, a 13.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1820
+11.1%
3 4246
+9.5%
4 2734
+25.9%
5+ 2123
+9.5%

Summary: The 80923 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 9.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80923, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 80923 in December 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for 80923, CO

How long does it take to sell a home in 80923, CO?

Average Sale Time

Dec 2023Dec 2024CHANGE
21 Days19 Days-9.2%

Summary: Homes in 80923 had an average of 19 days on market in Dec 2024, down by 9.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80923 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 7 homes were sold in 80923; 71% of homes were sold within 30 days, 29% 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 2 Days Ago

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