Is 80538, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 80538 has remained a Seller's Market.
Housing Prices in 80538, CO
How much do homes in 80538, CO cost?
Median Sold Price
$509,570
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80538 was $509,570 in April 2024, up 1.5% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $345.7K | $305K | -11.8% |
2 Bedrooms | $379K | $381.8K | +0.7% |
3 Bedrooms | $490.5K | $493.9K | +0.7% |
4 Bedrooms | $540K | $546K | +1.1% |
5+ Bedrooms | $719.5K | $650K | -9.7% |
Summary: 80538 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.8%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 9.7%.
Housing Supply in 80538, CO
How many homes are available in 80538, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
199 | 251 | +26.1% |
Summary: The 80538 real estate market had 251 homes for sale in April 2024, a 26.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 25 | 41 | +64.0% |
3 Bedrooms | 90 | 106 | +17.8% |
4 Bedrooms | 52 | 64 | +23.1% |
5+ Bedrooms | 28 | 37 | +32.1% |
Summary: The 80538 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 64%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 32.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 56 | -9.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 56 homes were sold or pending in 80538 in April 2024, down by 9.7% month-over-month. Of the 56 sold homes, 21% were sold under asking, 34% were sold at asking, and 45% were sold over asking.
Days on Market for 80538, CO
How long does it take to sell a home in 80538, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
113 Days | 51 Days | -54.7% |
Summary: Homes in 80538 had an average of 51 days on market in Apr 2024, down by 54.7% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 56 homes were sold in 80538; 39% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.