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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80951 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80951 has remained a Buyer's Market.

Key Takeaway

80951 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80951, CO

How much do homes in 80951, CO cost?

Median Sold Price

$442,450

$237/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$450(+0.1%)

Key Takeaway

The sold price of homes in 80951 has remained the same since last month.

Summary: The median home sold price in 80951 was $442,450 in October 2024, up 0.1% from last month, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$442.4K
N/A
4 $442K-
N/A
5+ --
N/A

Summary: 80951 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 did not change.

Median Sold Price Compared To Nearby Zip Codes

80951
0.1%
80922
0.1%
80915
-12.4%

Housing Supply in 80951, CO

How many homes are available in 80951, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2231+40.9%

Summary: The 80951 real estate market had 31 homes for sale in October 2024, a 40.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1116
+45.5%
4 45
+25.0%
5+ 13
+200.0%

Summary: The 80951 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 16.7%, 3 bedroom homes increased by 45.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 80951 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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

Sep 2024Oct 2024CHANGE
19 Days26 Days+40.4%

Summary: Homes in 80951 had an average of 26 days on market in Oct 2024, up by 40.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80951 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 80951; 67% of homes were sold within 30 days, 33% 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 23 Days Ago

Newest Listings in 80951, CO

Nearby Markets to 80951, CO