Is 80908, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80908 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 80908 was a Seller's Market.

Key Takeaway

80908 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80908, CO

How much do homes in 80908, CO cost?

Median Sold Price

$741,000

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$141,000(+23.5%)

Key Takeaway

Homes in 80908 have sold for 23.5% more than they did a year ago.

Summary: The median home sold price in 80908 was $741,000 in April 2024, up 23.5% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $400K$510K
+27.5%
3 $497.5K$520K
+4.5%
4 $680.5K$754.2K
+10.8%
5+ $1.1M$996K
-9.5%

Summary: 80908 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 27.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 9.5%.

Median Sold Price Compared To Nearby Zip Codes

80908
+23.5%
80924
+3.4%
80927
-1.0%

Housing Supply in 80908, CO

How many homes are available in 80908, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
141233+65.2%

Summary: The 80908 real estate market had 233 homes for sale in April 2024, a 65.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 510
+100.0%
3 3462
+82.4%
4 5082
+64.0%
5+ 5279
+51.9%

Summary: The 80908 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 100%, 3 bedroom homes increased by 82.4%, 4 bedroom homes increased by 64%, and 5+ bedroom homes increased by 51.9%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
215+650.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80908, expect to pay close to the asking price. 53.3% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in 80908 in April 2024, up by 650.0% month-over-month. Of the 15 sold homes, 27% were sold under asking, 53% were sold at asking, and 20% were sold over asking.

Days on Market for 80908, CO

How long does it take to sell a home in 80908, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
23 Days20 Days-13.1%

Summary: Homes in 80908 had an average of 20 days on market in Apr 2024, down by 13.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80908 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 15 homes were sold in 80908; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% 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 11 Days Ago

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