Is 80403, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80403 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 80403 has remained a Seller's Market.

Key Takeaway

80403 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80403, CO

How much do homes in 80403, CO cost?

Median Sold Price

$852,500

$364/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,500(+1.5%)

Key Takeaway

Homes in 80403 have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in 80403 was $852,500 in April 2024, up 1.5% from last year, and the median price per square foot was $364.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $440K$342.5K
-22.2%
2 $599.4K$630K
+5.1%
3 $740K$737.5K
-0.3%
4 $999.9K$957.5K
-4.2%
5+ $1.2M$1.2M
+4.6%

Summary: 80403 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 4.6%.

Median Sold Price Compared To Nearby Zip Codes

80422
+9.1%
80403
+1.5%
80007
-5.3%

Housing Supply in 80403, CO

How many homes are available in 80403, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5059+18.0%

Summary: The 80403 real estate market had 59 homes for sale in April 2024, a 18.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 03
+100.0%
2 56
+20.0%
3 1522
+46.7%
4 1715
-11.8%
5+ 1313
0.0%

Summary: The 80403 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 46.7%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1316+23.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80403, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 16 homes were sold or pending in 80403 in April 2024, up by 23.1% month-over-month. Of the 16 sold homes, 19% were sold under asking, 50% were sold at asking, and 31% were sold over asking.

Days on Market for 80403, CO

How long does it take to sell a home in 80403, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
22 Days14 Days-34.7%

Summary: Homes in 80403 had an average of 14 days on market in Apr 2024, down by 34.7% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80403 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 16 homes were sold in 80403; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% 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 9 Days Ago

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