Is 81223, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 81223 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 81223 has remained a Buyer's Market.

Key Takeaway

81223 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 81223, CO

How much do homes in 81223, CO cost?

Median Sold Price

$391,500

$265/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$66,500(+20.5%)

Key Takeaway

Homes in 81223 have sold for 20.5% more than they did a month ago.

Summary: The median home sold price in 81223 was $391,500 in October 2024, up 20.5% from last month, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$391.5K
N/A
3 $325K-
N/A
4 --
N/A
5+ --
N/A

Summary: 81223 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

81212
+50.6%
81223
+20.5%
81233
-26.4%

Housing Supply in 81223, CO

How many homes are available in 81223, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3435+2.9%

Summary: The 81223 real estate market had 35 homes for sale in October 2024, a 2.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 89
+12.5%
3 1414
0.0%
4 88
0.0%
5+ 33
0.0%

Summary: The 81223 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 12.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 81223, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 81223 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 81223, CO

How long does it take to sell a home in 81223, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
7 Days158 Days+2157.1%

Summary: Homes in 81223 had an average of 158 days on market in Oct 2024, up by 2157.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 81223 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in 81223; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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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Last updated on: 11/17/2024, 9:12:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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