Is 80620, 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, 80620 has remained a Seller's Market.
Housing Prices in 80620, CO
How much do homes in 80620, CO cost?
Median Sold Price
$390,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80620 was $390,000 in April 2024, down 2.4% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $247.5K | $267.7K | +8.2% |
2 Bedrooms | $299.4K | $315K | +5.2% |
3 Bedrooms | $395K | $405K | +2.5% |
4 Bedrooms | $417.4K | $393.5K | -5.7% |
5+ Bedrooms | $426.2K | $433.5K | +1.7% |
Summary: 80620 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in 80620, CO
How many homes are available in 80620, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 63 | +6.8% |
Summary: The 80620 real estate market had 63 homes for sale in April 2024, a 6.8% 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 | 11 | 10 | -9.1% |
3 Bedrooms | 28 | 33 | +17.9% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 80620 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 decreased by 9.1%, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 21 | +31.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 80620 in April 2024, up by 31.3% month-over-month. Of the 21 sold homes, 10% were sold under asking, 19% were sold at asking, and 71% were sold over asking.
Days on Market for 80620, CO
How long does it take to sell a home in 80620, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 43 Days | -7.4% |
Summary: Homes in 80620 had an average of 43 days on market in Apr 2024, down by 7.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in 80620; 33% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.