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

$277,000

$172/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$114,500(-29.2%)

Key Takeaway

Homes in 81223 have sold for 29.2% less than they did a month ago.

Summary: The median home sold price in 81223 was $277,000 in November 2024, down 29.2% from last month, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $391.5K$285K
-27.2%
3 -$269K
N/A
4 --
N/A
5+ --
N/A

Summary: 81223 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 decreased by 27.2%, 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
+10.7%
81223
-29.2%

Housing Supply in 81223, CO

How many homes are available in 81223, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3537+5.7%

Summary: The 81223 real estate market had 37 homes for sale in November 2024, a 5.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 98
-11.1%
3 1618
+12.5%
4 67
+16.7%
5+ 33
0.0%

Summary: The 81223 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 decreased by 11.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 2 homes were sold or pending in 81223 in November 2024, up by 100.0% month-over-month. Of the 2 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

Oct 2024Nov 2024CHANGE
158 Days129 Days-18.0%

Summary: Homes in 81223 had an average of 129 days on market in Nov 2024, down by 18% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in 81223 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 81223; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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: 12/18/2024, 12:12:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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