Is 80816, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 80816 has remained a Buyer's Market.
Housing Prices in 80816, CO
How much do homes in 80816, CO cost?
Median Sold Price
$557,450
$276/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 80816 was $557,450 in April 2024, up 28.9% from last month, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $327K | N/A |
2 Bedrooms | $330K | - | N/A |
3 Bedrooms | $535K | $614.9K | +14.9% |
4 Bedrooms | - | $700K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: 80816 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 14.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
80813 | $265K | $345K | +30.2% |
80816 | $432.5K | $557.4K | +28.9% |
Housing Supply in 80816, CO
How many homes are available in 80816, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 87 | +55.4% |
Summary: The 80816 real estate market had 87 homes for sale in April 2024, a 55.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 8 | 15 | +87.5% |
3 Bedrooms | 34 | 47 | +38.2% |
4 Bedrooms | 9 | 14 | +55.6% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 80816 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 87.5%, 3 bedroom homes increased by 38.2%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes increased by 100%.
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 80816 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 80816, CO
How long does it take to sell a home in 80816, CO?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 75 Days | +188.5% |
Summary: Homes in 80816 had an average of 75 days on market in Apr 2024, up by 188.5% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in 80816; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.