Is 80521, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 80521 has remained a Seller's Market.
Housing Prices in 80521, CO
How much do homes in 80521, CO cost?
Median Sold Price
$538,035
$355/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80521 was $538,035 in March 2024, down 1.5% from last year, and the median price per square foot was $355.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $304.5K | -6.3% |
2 Bedrooms | $390K | $400K | +2.6% |
3 Bedrooms | $541.2K | $500K | -7.6% |
4 Bedrooms | $595.5K | $575K | -3.4% |
5+ Bedrooms | $662K | $819K | +23.7% |
Summary: 80521 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 23.7%.
Housing Supply in 80521, CO
How many homes are available in 80521, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
91 | 101 | +11.0% |
Summary: The 80521 real estate market had 101 homes for sale in March 2024, a 11.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 28 | 26 | -7.1% |
3 Bedrooms | 23 | 24 | +4.3% |
4 Bedrooms | 22 | 28 | +27.3% |
5+ Bedrooms | 14 | 20 | +42.9% |
Summary: The 80521 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 27 | +42.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 80521 in March 2024, up by 42.1% month-over-month. Of the 27 sold homes, 48% were sold under asking, 22% were sold at asking, and 30% were sold over asking.
Days on Market for 80521, CO
How long does it take to sell a home in 80521, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 79 Days | +42.8% |
Summary: Homes in 80521 had an average of 79 days on market in Mar 2024, up by 42.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in 80521; 30% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.