Is 80482, 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, 80482 was a Seller's Market.
Key Takeaway
80482 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 80482, CO
How much do homes in 80482, CO cost?
Median Sold Price
$1,000,000
$745/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 80482 have sold for 14.9% less than they did a year ago.
Summary: The median home sold price in 80482 was $1,000,000 in March 2024, down 14.9% from last year, and the median price per square foot was $745.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $562.5K | $562.5K | 0.0% |
| 2 Bedrooms | $839.5K | $925K | +10.2% |
| 3 Bedrooms | $1.2M | $1.2M | -0.8% |
| 4 Bedrooms | $1.8M | $1.5M | -12.5% |
| 5+ Bedrooms | $1.8M | - | N/A |
Summary: 80482 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.2%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes did not change.
Housing Supply in 80482, CO
How many homes are available in 80482, CO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 44 | +29.4% |
Summary: The 80482 real estate market had 44 homes for sale in March 2024, a 29.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 11 | 18 | +63.6% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 80482 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 63.6%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 80482, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 80482 in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 80482, CO
How long does it take to sell a home in 80482, CO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 109 Days | 117 Days | +6.6% |
Summary: Homes in 80482 had an average of 117 days on market in Mar 2024, up by 6.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 80482 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in 80482; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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