Is 80927, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80927 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80927 has remained a Buyer's Market.

Key Takeaway

80927 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80927, CO

How much do homes in 80927, CO cost?

Median Sold Price

$550,000

$189/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$5,000(-0.9%)

Key Takeaway

Homes in 80927 have sold for 0.9% less than they did a month ago.

Summary: The median home sold price in 80927 was $550,000 in October 2024, down 0.9% from last month, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $505K-
N/A
5+ $605K$550K
-9.1%

Summary: 80927 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 9.1%.

Median Sold Price Compared To Nearby Zip Codes

80908
+41.7%
80927
-0.9%

Housing Supply in 80927, CO

How many homes are available in 80927, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2228+27.3%

Summary: The 80927 real estate market had 28 homes for sale in October 2024, a 27.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 68
+33.3%
4 1013
+30.0%
5+ 67
+16.7%

Summary: The 80927 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80927, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 80927 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for 80927, CO

How long does it take to sell a home in 80927, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
44 Days55 Days+25.8%

Summary: Homes in 80927 had an average of 55 days on market in Oct 2024, up by 25.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80927 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 80927; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 13 Days Ago

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