Is 80512, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80512 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 80512 was a Seller's Market.

Key Takeaway

80512 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80512, CO

How much do homes in 80512, CO cost?

Median Sold Price

$466,000

$368/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$259,000(-35.7%)

Key Takeaway

Homes in 80512 have sold for 35.7% less than they did a year ago.

Summary: The median home sold price in 80512 was $466,000 in April 2024, down 35.7% from last year, and the median price per square foot was $368.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $385K$387K
0.5%
2 $509.5K$413.5K
-18.8%
3 $815K$660K
-19.0%
4 $765K$460K
-39.9%
5+ $914K$840K
-8.1%

Summary: 80512 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 19%, 4 bedroom homes decreased by 39.9%, and 5+ bedroom homes decreased by 8.1%.

Median Sold Price Compared To Nearby Zip Codes

80536
+14.9%
80517
+4.5%
80545
-4.1%
80515
-8.1%
80512
-35.7%

Housing Supply in 80512, CO

How many homes are available in 80512, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1718+5.9%

Summary: The 80512 real estate market had 18 homes for sale in April 2024, a 5.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 44
0.0%
3 77
0.0%
4 00
0.0%
5+ 55
0.0%

Summary: The 80512 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80512, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 80512 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 80512, CO

How long does it take to sell a home in 80512, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
36 Days42 Days+16.7%

Summary: Homes in 80512 had an average of 42 days on market in Apr 2024, up by 16.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80512 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 80512; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

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