Is 81236, 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, 81236 has remained a Seller's Market.
Key Takeaway
81236 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 81236, CO
How much do homes in 81236, CO cost?
Median Sold Price
$862,000
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 81236 have sold for 33.6% more than they did a year ago.
Summary: The median home sold price in 81236 was $862,000 in April 2024, up 33.6% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $86.2K | $177.5K | +105.8% |
| 2 Bedrooms | $505.5K | $862K | +70.5% |
| 3 Bedrooms | $719.5K | $1.1M | +53.1% |
| 4 Bedrooms | - | $739K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 81236 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 105.8%, 2 bedroom homes increased by 70.5%, 3 bedroom homes increased by 53.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 81236, CO
How many homes are available in 81236, CO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The 81236 real estate market had 15 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 81236 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 81236, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 81236 in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 81236, CO
How long does it take to sell a home in 81236, CO?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 81236 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 3 homes were sold in 81236; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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