Is 80301, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80301 is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, 80301 was a Seller's Market.

Key Takeaway

80301 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80301, CO

How much do homes in 80301, CO cost?

Median Sold Price

$794,750

$431/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$74,750(+10.4%)

Key Takeaway

Homes in 80301 have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in 80301 was $794,750 in September 2024, up 10.4% from last year, and the median price per square foot was $431.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $310K$298K
-3.9%
2 $440K$409.5K
-6.9%
3 $837K$920K
+9.9%
4 $1.1M$1.2M
+8.4%
5+ $1.4M$1.4M
+3.6%

Summary: 80301 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Zip Codes

80302
+12.4%
80301
+10.4%
80026
+9.1%
80303
-0.6%
80304
-3.4%

Housing Supply in 80301, CO

How many homes are available in 80301, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
179216+20.7%

Summary: The 80301 real estate market had 216 homes for sale in September 2024, a 20.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 1317
+30.8%
2 6878
+14.7%
3 3853
+39.5%
4 4047
+17.5%
5+ 2021
+5.0%

Summary: The 80301 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 39.5%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 5%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2230+36.4%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80301, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 80301 in September 2024, up by 36.4% month-over-month. Of the 30 sold homes, 73% were sold under asking, 17% were sold at asking, and 10% were sold over asking.

Days on Market for 80301, CO

How long does it take to sell a home in 80301, CO?

Average Sale Time

Sep 2023Sep 2024CHANGE
16 Days60 Days+264.7%

Summary: Homes in 80301 had an average of 60 days on market in Sep 2024, up by 264.7% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80301 has remained consistent over time.

Summary: During September 2024, 30 homes were sold in 80301; 33% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 30% 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 30 Days Ago

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