Is 80528, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80528 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 80528 has remained a Seller's Market.

Key Takeaway

80528 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80528, CO

How much do homes in 80528, CO cost?

Median Sold Price

$619,997

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$30,000(-4.6%)

Key Takeaway

Homes in 80528 have sold for 4.6% less than they did a year ago.

Summary: The median home sold price in 80528 was $619,997 in March 2024, down 4.6% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$335K
N/A
2 $438K$416.2K
-5.0%
3 $556.6K$549.9K
-1.2%
4 $726.5K$700K
-3.6%
5+ $900K$857.5K
-4.7%

Summary: 80528 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 4.7%.

Median Sold Price Compared To Nearby Zip Codes

80525
+4.8%
80538
-1.7%
80550
-2.9%
80528
-4.6%
80547
-5.2%

Housing Supply in 80528, CO

How many homes are available in 80528, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
168196+16.7%

Summary: The 80528 real estate market had 196 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1215
+25.0%
3 7586
+14.7%
4 5066
+32.0%
5+ 3129
-6.5%

Summary: The 80528 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%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 32%, and 5+ bedroom homes decreased by 6.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3540+14.3%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80528, you may be able to get a good deal. 42.5% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in 80528 in March 2024, up by 14.3% month-over-month. Of the 40 sold homes, 43% were sold under asking, 35% were sold at asking, and 23% were sold over asking.

Days on Market for 80528, CO

How long does it take to sell a home in 80528, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
117 Days73 Days-37.8%

Summary: Homes in 80528 had an average of 73 days on market in Mar 2024, down by 37.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80528 has remained consistent over time.

Summary: During March 2024, 40 homes were sold in 80528; 18% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 38% 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 27 Days Ago

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