Is 80524, 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, 80524 has remained a Seller's Market.
Housing Prices in 80524, CO
How much do homes in 80524, CO cost?
Median Sold Price
$583,000
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80524 was $583,000 in March 2024, up 1.4% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $429K | $346.2K | -19.3% |
2 Bedrooms | $417.6K | $431.1K | +3.2% |
3 Bedrooms | $535.7K | $538.5K | 0.5% |
4 Bedrooms | $689K | $698.2K | +1.3% |
5+ Bedrooms | $802.5K | $980K | +22.1% |
Summary: 80524 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 22.1%.
Housing Supply in 80524, CO
How many homes are available in 80524, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
171 | 220 | +28.7% |
Summary: The 80524 real estate market had 220 homes for sale in March 2024, a 28.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 27 | 34 | +25.9% |
3 Bedrooms | 68 | 81 | +19.1% |
4 Bedrooms | 48 | 65 | +35.4% |
5+ Bedrooms | 26 | 38 | +46.2% |
Summary: The 80524 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 35.4%, and 5+ bedroom homes increased by 46.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 46 | +142.1% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in 80524 in March 2024, up by 142.1% month-over-month. Of the 46 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for 80524, CO
How long does it take to sell a home in 80524, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
76 Days | 78 Days | +3.0% |
Summary: Homes in 80524 had an average of 78 days on market in Mar 2024, up by 3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During March 2024, 46 homes were sold in 80524; 28% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.