Is 80442, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80442 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 80442 was a Seller's Market.

Key Takeaway

80442 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 80442, CO

How much do homes in 80442, CO cost?

Median Sold Price

$626,500

$347/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$108,900(-14.8%)

Key Takeaway

Homes in 80442 have sold for 14.8% less than they did a month ago.

Summary: The median home sold price in 80442 was $626,500 in March 2024, down 14.8% from last month, and the median price per square foot was $347.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $275K-
N/A
2 --
N/A
3 $770.2K$626.5K
-18.7%
4 --
N/A
5+ --
N/A

Summary: 80442 housing prices by bedroom type for March 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 decreased by 18.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 80442, CO

How many homes are available in 80442, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1518+20.0%

Summary: The 80442 real estate market had 18 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 14
+300.0%
3 99
0.0%
4 00
0.0%
5+ 22
0.0%

Summary: The 80442 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 300%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80442, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 80442 in March 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 80442, CO

How long does it take to sell a home in 80442, CO?

Average Sale Time

Feb 2024Mar 2024CHANGE
41 Days178 Days+335.8%

Summary: Homes in 80442 had an average of 178 days on market in Mar 2024, up by 335.8% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Most homes in 80442 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 3 homes were sold in 80442; 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.

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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