Is 80911, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 80911 was a Seller's Market.
Key Takeaway
80911 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 80911, CO
How much do homes in 80911, CO cost?
Median Sold Price
$355,000
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 80911 have sold for 8.4% less than they did a year ago.
Summary: The median home sold price in 80911 was $355,000 in April 2024, down 8.4% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330K | $330K | 0.0% |
| 3 Bedrooms | $390K | $351.5K | -9.9% |
| 4 Bedrooms | $362.5K | $400.5K | +10.5% |
| 5+ Bedrooms | $467.5K | $425K | -9.1% |
Summary: 80911 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 did not change, 3 bedroom homes decreased by 9.9%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 9.1%.
Median Sold Price Compared To Nearby Zip Codes
| 80925 | $470K | $445K | -5.3% |
| 80911 | $387.5K | $355K | -8.4% |
Housing Supply in 80911, CO
How many homes are available in 80911, CO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 57 | 120 | +110.5% |
Summary: The 80911 real estate market had 120 homes for sale in April 2024, a 110.5% 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 | 6 | +100.0% |
| 3 Bedrooms | 30 | 62 | +106.7% |
| 4 Bedrooms | 17 | 33 | +94.1% |
| 5+ Bedrooms | 7 | 19 | +171.4% |
Summary: The 80911 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 106.7%, 4 bedroom homes increased by 94.1%, and 5+ bedroom homes increased by 171.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 10 | +900.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80911, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 80911 in April 2024, up by 900.0% month-over-month. Of the 10 sold homes, 0% were sold under asking, 30% were sold at asking, and 70% were sold over asking.
Days on Market for 80911, CO
How long does it take to sell a home in 80911, CO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 19 Days | 24 Days | +25.1% |
Summary: Homes in 80911 had an average of 24 days on market in Apr 2024, up by 25.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 80911 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in 80911; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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