Is 80525, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80525 is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, 80525 has remained a Seller's Market.

Key Takeaway

80525 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80525, CO

How much do homes in 80525, CO cost?

Median Sold Price

$571,577

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$7,755(+1.4%)

Key Takeaway

Homes in 80525 have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in 80525 was $571,577 in August 2024, up 1.4% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $257.4K$264.6K
+2.8%
2 $378.5K$349K
-7.8%
3 $530K$530K
0.0%
4 $650K$655K
+0.8%
5+ $736.7K$754.2K
+2.4%

Summary: 80525 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes decreased by 7.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Zip Codes

80550
+4.6%
80526
+1.5%
80525
+1.4%
80528
-6.9%
80547
-11.2%

Housing Supply in 80525, CO

How many homes are available in 80525, CO?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
229243+6.1%

Summary: The 80525 real estate market had 243 homes for sale in August 2024, a 6.1% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 68
+33.3%
2 4851
+6.3%
3 7779
+2.6%
4 5868
+17.2%
5+ 4037
-7.5%

Summary: The 80525 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 7.5%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
6857-16.2%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80525, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.

Summary: A total of 57 homes were sold or pending in 80525 in August 2024, down by 16.2% month-over-month. Of the 57 sold homes, 58% were sold under asking, 26% were sold at asking, and 16% were sold over asking.

Days on Market for 80525, CO

How long does it take to sell a home in 80525, CO?

Average Sale Time

Aug 2023Aug 2024CHANGE
23 Days30 Days+29.6%

Summary: Homes in 80525 had an average of 30 days on market in Aug 2024, up by 29.6% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80525 are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 57 homes were sold in 80525; 61% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 4% 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 12 Days Ago

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