Is 80540, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 80540 was a Seller's Market.
Housing Prices in 80540, CO
How much do homes in 80540, CO cost?
Median Sold Price
$804,500
$369/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80540 was $804,500 in April 2024, up 2.5% from last year, and the median price per square foot was $369.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $499.9K | $356K | -28.8% |
2 Bedrooms | $575K | $546K | -5.0% |
3 Bedrooms | $829K | $835K | +0.7% |
4 Bedrooms | $1.0M | $1.0M | +1.5% |
5+ Bedrooms | $1.0M | $1.0M | -3.6% |
Summary: 80540 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.8%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 3.6%.
Housing Supply in 80540, CO
How many homes are available in 80540, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 48 | +20.0% |
Summary: The 80540 real estate market had 48 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 17 | 21 | +23.5% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 80540 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 80540 in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 63% were sold at asking, and 13% were sold over asking.
Days on Market for 80540, CO
How long does it take to sell a home in 80540, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
108 Days | 40 Days | -63.1% |
Summary: Homes in 80540 had an average of 40 days on market in Apr 2024, down by 63.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in 80540; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.