Is 80550, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 80550 has remained a Seller's Market.
Housing Prices in 80550, CO
How much do homes in 80550, CO cost?
Median Sold Price
$545,049
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80550 was $545,049 in April 2024, up 0.2% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $349.8K | $359.4K | +2.8% |
2 Bedrooms | $427K | $387.5K | -9.2% |
3 Bedrooms | $490.6K | $480K | -2.2% |
4 Bedrooms | $573.7K | $568.5K | -0.9% |
5+ Bedrooms | $685K | $727.8K | +6.3% |
Summary: 80550 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in 80550, CO
How many homes are available in 80550, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
354 | 400 | +13.0% |
Summary: The 80550 real estate market had 400 homes for sale in April 2024, a 13.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 12 | 20 | +66.7% |
3 Bedrooms | 113 | 115 | +1.8% |
4 Bedrooms | 124 | 147 | +18.5% |
5+ Bedrooms | 104 | 116 | +11.5% |
Summary: The 80550 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 11.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 | 85 | +3.7% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 85 homes were sold or pending in 80550 in April 2024, up by 3.7% month-over-month. Of the 85 sold homes, 38% were sold under asking, 39% were sold at asking, and 24% were sold over asking.
Days on Market for 80550, CO
How long does it take to sell a home in 80550, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 65 Days | -2.3% |
Summary: Homes in 80550 had an average of 65 days on market in Apr 2024, down by 2.3% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
43 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During April 2024, 85 homes were sold in 80550; 29% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.