Is 80435, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 80435 has remained a Buyer's Market.
Key Takeaway
80435 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 80435, CO
How much do homes in 80435, CO cost?
Median Sold Price
$1,215,000
$743/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 80435 have sold for 101.7% more than they did a month ago.
Summary: The median home sold price in 80435 was $1,215,000 in April 2024, up 101.7% from last month, and the median price per square foot was $743.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $455K | - | N/A |
| 2 Bedrooms | $750K | $810K | +8.0% |
| 3 Bedrooms | - | $1.2M | N/A |
| 4 Bedrooms | - | $1.3M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 80435 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 increased by 8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 80435 | $602.5K | $1.2M | +101.7% |
| 80448 | $475K | $560K | +17.9% |
Housing Supply in 80435, CO
How many homes are available in 80435, CO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 50 | +72.4% |
Summary: The 80435 real estate market had 50 homes for sale in April 2024, a 72.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 12 | +100.0% |
| 2 Bedrooms | 10 | 17 | +70.0% |
| 3 Bedrooms | 7 | 13 | +85.7% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 80435 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 70%, 3 bedroom homes increased by 85.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 80435, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 80435 in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 80435, CO
How long does it take to sell a home in 80435, CO?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 85 Days | 41 Days | -51.3% |
Summary: Homes in 80435 had an average of 41 days on market in Apr 2024, down by 51.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 80435 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in 80435; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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