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 Last Month

Since last month, 80923 has remained a Buyer'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

$430,000

$220/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$40,000(-8.5%)

Key Takeaway

Homes in 80923 have sold for 8.5% less than they did a month ago.

Summary: The median home sold price in 80923 was $430,000 in October 2024, down 8.5% from last month, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $431.5K$405K
-6.1%
3 $425K$425K
0.0%
4 $535K$595K
+11.2%
5+ $530K$602.5K
+13.7%

Summary: 80923 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 decreased by 6.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 13.7%.

Median Sold Price Compared To Nearby Zip Codes

80924
+19.4%
80922
0.1%
80927
-0.9%
80923
-8.5%
80917
-17.0%

Housing Supply in 80923, CO

How many homes are available in 80923, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
115158+37.4%

Summary: The 80923 real estate market had 158 homes for sale in October 2024, a 37.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2128
+33.3%
3 4769
+46.8%
4 2635
+34.6%
5+ 2126
+23.8%

Summary: The 80923 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 33.3%, 3 bedroom homes increased by 46.8%, 4 bedroom homes increased by 34.6%, and 5+ bedroom homes increased by 23.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

6 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 80923, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 80923 in October 2024, down by 26.7% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% 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

Sep 2024Oct 2024CHANGE
36 Days29 Days-19.8%

Summary: Homes in 80923 had an average of 29 days on market in Oct 2024, down by 19.8% compared to last month.

Breakdown of Home Sale Times

7 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 80923 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 80923; 64% of homes were sold within 30 days, 36% 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 22 Days Ago

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