Is 80526, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80526 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 80526 has remained a Seller's Market.

Key Takeaway

80526 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80526, CO

How much do homes in 80526, CO cost?

Median Sold Price

$523,566

$289/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$5,083(-1.0%)

Key Takeaway

Homes in 80526 have sold for 1% less than they did a year ago.

Summary: The median home sold price in 80526 was $523,566 in March 2024, down 1% from last year, and the median price per square foot was $289.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $223.6K$212.5K
-5.0%
2 $356.7K$332K
-6.9%
3 $500K$496K
-0.8%
4 $575K$575K
0.0%
5+ $795K$700K
-11.9%

Summary: 80526 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 11.9%.

Median Sold Price Compared To Nearby Zip Codes

80525
+4.8%
80524
+1.4%
80526
-1.0%
80521
-1.5%
80538
-1.7%

Housing Supply in 80526, CO

How many homes are available in 80526, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
82108+31.7%

Summary: The 80526 real estate market had 108 homes for sale in March 2024, a 31.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 2229
+31.8%
3 2533
+32.0%
4 2431
+29.2%
5+ 1014
+40.0%

Summary: The 80526 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 31.8%, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2528+12.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80526, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in 80526 in March 2024, up by 12.0% month-over-month. Of the 28 sold homes, 32% were sold under asking, 18% were sold at asking, and 50% were sold over asking.

Days on Market for 80526, CO

How long does it take to sell a home in 80526, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
38 Days52 Days+35.7%

Summary: Homes in 80526 had an average of 52 days on market in Mar 2024, up by 35.7% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80526 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 28 homes were sold in 80526; 50% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 18% 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 28 Days Ago

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