Is 80501, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 80501 has remained a Seller's Market.
Housing Prices in 80501, CO
How much do homes in 80501, CO cost?
Median Sold Price
$521,441
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80501 was $521,441 in April 2024, up 0.3% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180.6K | $260K | +43.9% |
2 Bedrooms | $445K | $444.2K | -0.2% |
3 Bedrooms | $499K | $518.5K | +3.9% |
4 Bedrooms | $575K | $570.7K | -0.7% |
5+ Bedrooms | $725K | $672.5K | -7.2% |
Summary: 80501 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.9%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 7.2%.
Housing Supply in 80501, CO
How many homes are available in 80501, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
115 | 142 | +23.5% |
Summary: The 80501 real estate market had 142 homes for sale in April 2024, a 23.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 30 | 36 | +20.0% |
3 Bedrooms | 46 | 62 | +34.8% |
4 Bedrooms | 26 | 33 | +26.9% |
5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The 80501 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 34.8%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 39 | +44.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in 80501 in April 2024, up by 44.4% month-over-month. Of the 39 sold homes, 44% were sold under asking, 26% were sold at asking, and 31% were sold over asking.
Days on Market for 80501, CO
How long does it take to sell a home in 80501, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 84 Days | +44.3% |
Summary: Homes in 80501 had an average of 84 days on market in Apr 2024, up by 44.3% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 39 homes were sold in 80501; 51% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.