Is 80651, 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, 80651 has remained a Seller's Market.
Housing Prices in 80651, CO
How much do homes in 80651, CO cost?
Median Sold Price
$460,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80651 was $460,000 in April 2024, down 6.1% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $375.5K | $337.4K | -10.1% |
3 Bedrooms | $422.2K | $431.5K | +2.2% |
4 Bedrooms | $650K | $799.9K | +23.1% |
5+ Bedrooms | $794.8K | $649.5K | -18.3% |
Summary: 80651 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 decreased by 10.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 18.3%.
Housing Supply in 80651, CO
How many homes are available in 80651, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 27 | +35.0% |
Summary: The 80651 real estate market had 27 homes for sale in April 2024, a 35.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 4 | 8 | +100.0% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 80651 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 decreased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 80651 in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for 80651, CO
How long does it take to sell a home in 80651, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
77 Days | 42 Days | -45.2% |
Summary: Homes in 80651 had an average of 42 days on market in Apr 2024, down by 45.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in 80651; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.