Is 80601, 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, 80601 has remained a Seller's Market.
Housing Prices in 80601, CO
How much do homes in 80601, CO cost?
Median Sold Price
$515,998
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80601 was $515,998 in March 2024, down 0.7% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $187.2K | $273.8K | +46.3% |
2 Bedrooms | $375K | $375K | 0.0% |
3 Bedrooms | $500K | $488.3K | -2.3% |
4 Bedrooms | $563K | $544.6K | -3.3% |
5+ Bedrooms | $595K | $595K | 0.0% |
Summary: 80601 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.3%, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes did not change.
Housing Supply in 80601, CO
How many homes are available in 80601, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
284 | 303 | +6.7% |
Summary: The 80601 real estate market had 303 homes for sale in March 2024, a 6.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 16 | +45.5% |
3 Bedrooms | 124 | 133 | +7.3% |
4 Bedrooms | 116 | 120 | +3.4% |
5+ Bedrooms | 32 | 33 | +3.1% |
Summary: The 80601 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 45.5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 3.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
80 | 76 | -5.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
39 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 76 homes were sold or pending in 80601 in March 2024, down by 5.0% month-over-month. Of the 76 sold homes, 25% were sold under asking, 51% were sold at asking, and 24% were sold over asking.
Days on Market for 80601, CO
How long does it take to sell a home in 80601, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 58 Days | +23.9% |
Summary: Homes in 80601 had an average of 58 days on market in Mar 2024, up by 23.9% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Summary: During March 2024, 76 homes were sold in 80601; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.