Is 80422, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 80422 was a Seller's Market.
Housing Prices in 80422, CO
How much do homes in 80422, CO cost?
Median Sold Price
$614,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80422 was $614,000 in March 2024, up 1.5% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $339.7K | $399K | +17.4% |
2 Bedrooms | $482K | $490K | +1.7% |
3 Bedrooms | $650K | $634.5K | -2.4% |
4 Bedrooms | $935K | $712.5K | -23.8% |
5+ Bedrooms | $750K | $685K | -8.7% |
Summary: 80422 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.4%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 8.7%.
Housing Supply in 80422, CO
How many homes are available in 80422, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 29 | +31.8% |
Summary: The 80422 real estate market had 29 homes for sale in March 2024, a 31.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 80422 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 80422 in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 80422, CO
How long does it take to sell a home in 80422, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 183 Days | +394.6% |
Summary: Homes in 80422 had an average of 183 days on market in Mar 2024, up by 394.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 80422; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.