Is 80498, 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, 80498 was a Seller's Market.
Housing Prices in 80498, CO
How much do homes in 80498, CO cost?
Median Sold Price
$945,000
$663/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80498 was $945,000 in March 2024, down 0.5% from last year, and the median price per square foot was $663.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $466.2K | $520K | +11.5% |
2 Bedrooms | $615K | $611.2K | -0.6% |
3 Bedrooms | $908K | $1.1M | +31.0% |
4 Bedrooms | $1.8M | $1.9M | +7.8% |
5+ Bedrooms | $2.0M | $2.4M | +17.2% |
Summary: 80498 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 17.2%.
Median Sold Price Compared To Nearby Zip Codes
80498 | $950K | $945K | -0.5% |
80443 | $912.5K | $877K | -3.9% |
Housing Supply in 80498, CO
How many homes are available in 80498, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
76 | 84 | +10.5% |
Summary: The 80498 real estate market had 84 homes for sale in March 2024, a 10.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 8 | +14.3% |
2 Bedrooms | 23 | 28 | +21.7% |
3 Bedrooms | 21 | 20 | -4.8% |
4 Bedrooms | 20 | 22 | +10.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 80498 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 21.7%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 80498 in March 2024, the same as the previous month. Of the 10 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 80498, CO
How long does it take to sell a home in 80498, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
79 Days | 54 Days | -31.7% |
Summary: Homes in 80498 had an average of 54 days on market in Mar 2024, down by 31.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 80498; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.