Is 80503, 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, 80503 has remained a Seller's Market.
Housing Prices in 80503, CO
How much do homes in 80503, CO cost?
Median Sold Price
$770,000
$326/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80503 was $770,000 in April 2024, up 3.4% from last year, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $282K | - | N/A |
2 Bedrooms | $499.5K | $530K | +6.1% |
3 Bedrooms | $670K | $657.5K | -1.9% |
4 Bedrooms | $818.5K | $806K | -1.5% |
5+ Bedrooms | $1.0M | $1.1M | +2.4% |
Summary: 80503 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 2.4%.
Housing Supply in 80503, CO
How many homes are available in 80503, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
147 | 193 | +31.3% |
Summary: The 80503 real estate market had 193 homes for sale in April 2024, a 31.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 20 | 23 | +15.0% |
3 Bedrooms | 47 | 59 | +25.5% |
4 Bedrooms | 46 | 66 | +43.5% |
5+ Bedrooms | 33 | 42 | +27.3% |
Summary: The 80503 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 43.5%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 42 | +31.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in 80503 in April 2024, up by 31.3% month-over-month. Of the 42 sold homes, 43% were sold under asking, 21% were sold at asking, and 36% were sold over asking.
Days on Market for 80503, CO
How long does it take to sell a home in 80503, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
89 Days | 53 Days | -40.9% |
Summary: Homes in 80503 had an average of 53 days on market in Apr 2024, down by 40.9% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 42 homes were sold in 80503; 43% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.