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

$550,000

$230/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$53,000(+10.7%)

Key Takeaway

Homes in 81212 have sold for 10.7% more than they did a month ago.

Summary: The median home sold price in 81212 was $550,000 in November 2024, up 10.7% from last month, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$578K
N/A
2 -$276K
N/A
3 $459K$593K
+29.2%
4 $549K$638.5K
+16.3%
5+ --
N/A

Summary: 81212 housing prices by bedroom type for November 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 29.2%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

81212
+10.7%
80813
-16.0%
81223
-29.2%

Housing Supply in 81212, CO

How many homes are available in 81212, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8097+21.3%

Summary: The 81212 real estate market had 97 homes for sale in November 2024, a 21.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1520
+33.3%
3 3844
+15.8%
4 1621
+31.3%
5+ 1011
+10.0%

Summary: The 81212 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was 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. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 81212 in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% 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

Oct 2024Nov 2024CHANGE
29 Days131 Days+339.6%

Summary: Homes in 81212 had an average of 131 days on market in Nov 2024, up by 339.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 81212 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 7 homes were sold in 81212; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% 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

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