Is 80424, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 80424 was a Neutral Market.
Housing Prices in 80424, CO
How much do homes in 80424, CO cost?
Median Sold Price
$2,487,000
$834/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 80424 was $2,487,000 in April 2024, down 25.2% from last month, and the median price per square foot was $834.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $775K | N/A |
2 Bedrooms | - | $1.0M | N/A |
3 Bedrooms | $1.3M | $2.6M | +99.3% |
4 Bedrooms | $2.4M | $2.4M | +2.1% |
5+ Bedrooms | $4.4M | $3.0M | -30.1% |
Summary: 80424 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 increased by 99.3%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 30.1%.
Median Sold Price Compared To Nearby Zip Codes
80435 | $602.5K | $1.2M | +101.7% |
80448 | $475K | $560K | +17.9% |
80424 | $3.3M | $2.4M | -25.2% |
Housing Supply in 80424, CO
How many homes are available in 80424, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 45 | +40.6% |
Summary: The 80424 real estate market had 45 homes for sale in April 2024, a 40.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 5 | 11 | +120.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 12 | 15 | +25.0% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 80424 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 120%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 80424 in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for 80424, CO
How long does it take to sell a home in 80424, CO?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
178 Days | 73 Days | -58.7% |
Summary: Homes in 80424 had an average of 73 days on market in Apr 2024, down by 58.7% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in 80424; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.