Is 80513, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80513 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 80513 has remained a Seller's Market.

Key Takeaway

80513 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80513, CO

How much do homes in 80513, CO cost?

Median Sold Price

$606,750

$306/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$18,250(-2.9%)

Key Takeaway

Homes in 80513 have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in 80513 was $606,750 in May 2024, down 2.9% from last year, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $490K$425K
-13.3%
3 $547.3K$546.5K
-0.1%
4 $650K$626.2K
-3.7%
5+ $788.7K$784.2K
-0.6%

Summary: 80513 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Zip Codes

80542
+12.0%
80504
+1.1%
80503
-0.4%
80513
-2.9%
80537
-3.8%

Housing Supply in 80513, CO

How many homes are available in 80513, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
142165+16.2%

Summary: The 80513 real estate market had 165 homes for sale in May 2024, a 16.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1513
-13.3%
3 7683
+9.2%
4 2330
+30.4%
5+ 2839
+39.3%

Summary: The 80513 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes increased by 39.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1942+121.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80513, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 42 homes were sold or pending in 80513 in May 2024, up by 121.1% month-over-month. Of the 42 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for 80513, CO

How long does it take to sell a home in 80513, CO?

Average Sale Time

May 2023May 2024CHANGE
48 Days68 Days+43.6%

Summary: Homes in 80513 had an average of 68 days on market in May 2024, up by 43.6% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80513 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 42 homes were sold in 80513; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 29% 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 1 Day Ago

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