Is 80621, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80621 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 80621 has remained a Seller's Market.

Key Takeaway

80621 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80621, CO

How much do homes in 80621, CO cost?

Median Sold Price

$440,205

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$2,205(+0.5%)

Key Takeaway

Homes in 80621 have sold for 0.5% more than they did a year ago.

Summary: The median home sold price in 80621 was $440,205 in April 2024, up 0.5% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $163.7K-
N/A
2 $341.9K$342.2K
0.1%
3 $427.5K$442.5K
+3.5%
4 $503.5K$499K
-0.9%
5+ $730K$530K
-27.4%

Summary: 80621 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 27.4%.

Median Sold Price Compared To Nearby Zip Codes

80642
+5.5%
80621
0.5%
80603
0.4%
80530
-1.7%
80651
-6.1%

Housing Supply in 80621, CO

How many homes are available in 80621, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7383+13.7%

Summary: The 80621 real estate market had 83 homes for sale in April 2024, a 13.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1112
+9.1%
3 3644
+22.2%
4 1516
+6.7%
5+ 1111
0.0%

Summary: The 80621 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1420+42.9%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80621, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 80621 in April 2024, up by 42.9% month-over-month. Of the 20 sold homes, 40% were sold under asking, 35% were sold at asking, and 25% were sold over asking.

Days on Market for 80621, CO

How long does it take to sell a home in 80621, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
57 Days50 Days-12.9%

Summary: Homes in 80621 had an average of 50 days on market in Apr 2024, down by 12.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80621 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 20 homes were sold in 80621; 55% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

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