Is 81212, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 81212 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 81212 has remained a Buyer's Market.

Key Takeaway

81212 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 81212, CO

How much do homes in 81212, CO cost?

Median Sold Price

$497,000

$234/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$167,000(+50.6%)

Key Takeaway

Homes in 81212 have sold for 50.6% more than they did a month ago.

Summary: The median home sold price in 81212 was $497,000 in October 2024, up 50.6% from last month, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $193K-
N/A
2 $190K-
N/A
3 $390K$459K
+17.7%
4 $310K$549K
+77.1%
5+ $869.9K-
N/A

Summary: 81212 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 increased by 17.7%, 4 bedroom homes increased by 77.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

81212
+50.6%
81223
+20.5%
80813
+20.3%

Housing Supply in 81212, CO

How many homes are available in 81212, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8496+14.3%

Summary: The 81212 real estate market had 96 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 813
+62.5%
3 4850
+4.2%
4 1721
+23.5%
5+ 911
+22.2%

Summary: The 81212 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 62.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 81212, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 81212 in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 81212, CO

How long does it take to sell a home in 81212, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
58 Days29 Days-49.2%

Summary: Homes in 81212 had an average of 29 days on market in Oct 2024, down by 49.2% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 81212 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 81212; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 17 Days Ago

Newest Listings in 81212, CO

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