Is 80136, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80136 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 80136 was a Neutral Market.

Key Takeaway

80136 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80136, CO

How much do homes in 80136, CO cost?

Median Sold Price

$550,000

$286/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$25,000(+4.8%)

Key Takeaway

Homes in 80136 have sold for 4.8% more than they did a month ago.

Summary: The median home sold price in 80136 was $550,000 in April 2024, up 4.8% from last month, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $594.5K$515K
-13.4%
4 $485K$578K
+19.2%
5+ --
N/A

Summary: 80136 housing prices by bedroom type for April 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 decreased by 13.4%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes did not change.

Housing Supply in 80136, CO

How many homes are available in 80136, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2839+39.3%

Summary: The 80136 real estate market had 39 homes for sale in April 2024, a 39.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1215
+25.0%
4 1620
+25.0%
5+ 04
+100.0%

Summary: The 80136 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80136, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 80136 in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.

Days on Market for 80136, CO

How long does it take to sell a home in 80136, CO?

Average Sale Time

Mar 2024Apr 2024CHANGE
56 Days136 Days+142.0%

Summary: Homes in 80136 had an average of 136 days on market in Apr 2024, up by 142% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 80136 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 8 homes were sold in 80136; 25% of homes were sold within 30 days, 25% 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 2 Days Ago

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