Is 80543, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80543 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 80543 has remained a Seller's Market.

Key Takeaway

80543 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80543, CO

How much do homes in 80543, CO cost?

Median Sold Price

$425,000

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$20,000(-4.5%)

Key Takeaway

Homes in 80543 have sold for 4.5% less than they did a year ago.

Summary: The median home sold price in 80543 was $425,000 in April 2024, down 4.5% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $338.5K$343.6K
+1.5%
3 $440K$417.5K
-5.1%
4 $454.9K$445K
-2.2%
5+ $545.6K$522.5K
-4.2%

Summary: 80543 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.5%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 4.2%.

Median Sold Price Compared To Nearby Zip Codes

80550
0.2%
80634
-0.6%
80534
-1.5%
80543
-4.5%
80651
-6.1%

Housing Supply in 80543, CO

How many homes are available in 80543, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4150+22.0%

Summary: The 80543 real estate market had 50 homes for sale in April 2024, a 22.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 14
+300.0%
3 2227
+22.7%
4 1211
-8.3%
5+ 68
+33.3%

Summary: The 80543 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1011+10.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80543, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 80543 in April 2024, up by 10.0% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.

Days on Market for 80543, CO

How long does it take to sell a home in 80543, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
43 Days27 Days-35.5%

Summary: Homes in 80543 had an average of 27 days on market in Apr 2024, down by 35.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80543 has remained consistent over time.

Summary: During April 2024, 11 homes were sold in 80543; 45% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 0% 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 10 Days Ago

Newest Listings in 80543, CO

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