Is 80951, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80951 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 80951 was a Buyer's Market.

Key Takeaway

80951 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80951, CO

How much do homes in 80951, CO cost?

Median Sold Price

$359,500

$253/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$79,500(-18.1%)

Key Takeaway

Homes in 80951 have sold for 18.1% less than they did a month ago.

Summary: The median home sold price in 80951 was $359,500 in December 2024, down 18.1% from last month, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$316K
N/A
3 $439K$359.5K
-18.1%
4 -$410K
N/A
5+ --
N/A

Summary: 80951 housing prices by bedroom type for December 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 18.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80922
+5.2%
80938
+0.7%
80915
-8.4%
80951
-18.1%

Housing Supply in 80951, CO

How many homes are available in 80951, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1415+7.1%

Summary: The 80951 real estate market had 15 homes for sale in December 2024, a 7.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 55
0.0%
3 77
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The 80951 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80951, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 80951 in December 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 80951, CO

How long does it take to sell a home in 80951, CO?

Average Sale Time

Nov 2024Dec 2024CHANGE
74 Days31 Days-57.4%

Summary: Homes in 80951 had an average of 31 days on market in Dec 2024, down by 57.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80951 has remained consistent over time.

Summary: During December 2024, 4 homes were sold in 80951; 25% of homes were sold within 30 days, 75% 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 7 Days Ago

Newest Listings in 80951, CO

Nearby Markets to 80951, CO