$10,000 Closing Credit*
$2,400,000
3,072 SqFt
4 Beds
•3 Full Baths, 1 Partial
Mark Krasnow, Listing Office: Full Circle Real Estate Group
Is 81211, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 81211 has remained a Buyer's Market.
Key Takeaway
81211 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 81211, CO
How much do homes in 81211, CO cost?
Median Sold Price
$700,000
$393/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$50,000(-6.7%)
Key Takeaway
Homes in 81211 have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in 81211 was $700,000 in October 2024, down 6.7% from last year, and the median price per square foot was $393.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $2.0M | - | N/A |
| 2 Bedrooms | $498.5K | $523K | +4.9% |
| 3 Bedrooms | $797.5K | $675K | -15.4% |
| 4 Bedrooms | $860K | $962.6K | +11.9% |
| 5+ Bedrooms | $995K | $1.0M | +5.5% |
Summary: 81211 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 5.5%.
Housing Supply in 81211, CO
How many homes are available in 81211, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 95 | 92 | -3.2% |
Summary: The 81211 real estate market had 92 homes for sale in October 2024, a 3.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 58 | 56 | -3.4% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 81211 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 decreased by 11.8%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 81211, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 81211 in October 2024, down by 8.3% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.
Days on Market for 81211, CO
How long does it take to sell a home in 81211, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 63 Days | +157.1% |
Summary: Homes in 81211 had an average of 63 days on market in Oct 2024, up by 157.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 81211 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 81211; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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