Is 80545, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 80545 has remained a Seller's Market.
Housing Prices in 80545, CO
How much do homes in 80545, CO cost?
Median Sold Price
$400,000
$325/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80545 was $400,000 in March 2024, down 4.2% from last year, and the median price per square foot was $325.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $297.5K | $232.5K | -21.8% |
2 Bedrooms | $457.5K | $378K | -17.4% |
3 Bedrooms | $410K | $489K | +19.3% |
4 Bedrooms | $560K | $545K | -2.7% |
5+ Bedrooms | $590K | - | N/A |
Summary: 80545 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.8%, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 19.3%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes did not change.
Housing Supply in 80545, CO
How many homes are available in 80545, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 18 | +38.5% |
Summary: The 80545 real estate market had 18 homes for sale in March 2024, a 38.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 2 | 7 | +250.0% |
3 Bedrooms | 9 | 7 | -22.2% |
4 Bedrooms | 0 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 80545 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 250%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 80545 in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for 80545, CO
How long does it take to sell a home in 80545, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
77 Days | 170 Days | +120.1% |
Summary: Homes in 80545 had an average of 170 days on market in Mar 2024, up by 120.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in 80545; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.