Is 80603, 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, 80603 has remained a Seller's Market.
Housing Prices in 80603, CO
How much do homes in 80603, CO cost?
Median Sold Price
$480,000
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 80603 was $480,000 in March 2024, down 1.3% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $389.5K | $385K | -1.2% |
3 Bedrooms | $469K | $459.9K | -1.9% |
4 Bedrooms | $500K | $505K | +1.0% |
5+ Bedrooms | $595K | $632K | +6.2% |
Summary: 80603 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 6.2%.
Housing Supply in 80603, CO
How many homes are available in 80603, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
91 | 89 | -2.2% |
Summary: The 80603 real estate market had 89 homes for sale in March 2024, a 2.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 49 | 38 | -22.4% |
4 Bedrooms | 30 | 34 | +13.3% |
5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The 80603 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 remained the same, 3 bedroom homes decreased by 22.4%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 20 | -20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 80603 in March 2024, down by 20.0% month-over-month. Of the 20 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for 80603, CO
How long does it take to sell a home in 80603, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 32 Days | -52.8% |
Summary: Homes in 80603 had an average of 32 days on market in Mar 2024, down by 52.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 80603; 75% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.