Is 80528, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80528 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 80528 has remained a Seller's Market.

Key Takeaway

80528 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80528, CO

How much do homes in 80528, CO cost?

Median Sold Price

$621,333

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$20,483(-3.2%)

Key Takeaway

Homes in 80528 have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in 80528 was $621,333 in April 2024, down 3.2% from last year, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$335K
N/A
2 $438K$408.2K
-6.8%
3 $548K$549.9K
0.4%
4 $704.5K$737.5K
+4.7%
5+ $885K$927.5K
+4.8%

Summary: 80528 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 6.8%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 4.8%.

Median Sold Price Compared To Nearby Zip Codes

80525
+7.1%
80538
+1.5%
80550
0.2%
80528
-3.2%
80547
-4.9%

Housing Supply in 80528, CO

How many homes are available in 80528, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
171219+28.1%

Summary: The 80528 real estate market had 219 homes for sale in April 2024, a 28.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1726
+52.9%
3 7182
+15.5%
4 5880
+37.9%
5+ 2531
+24.0%

Summary: The 80528 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 52.9%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 37.9%, and 5+ bedroom homes increased by 24%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3650+38.9%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80528, expect to pay close to the asking price. 36% of homes here sold near the asking price last month.

Summary: A total of 50 homes were sold or pending in 80528 in April 2024, up by 38.9% month-over-month. Of the 50 sold homes, 34% were sold under asking, 36% were sold at asking, and 30% were sold over asking.

Days on Market for 80528, CO

How long does it take to sell a home in 80528, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
82 Days47 Days-41.7%

Summary: Homes in 80528 had an average of 47 days on market in Apr 2024, down by 41.7% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80528 has remained consistent over time.

Summary: During April 2024, 50 homes were sold in 80528; 34% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 10% 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 Apr 1, 2024

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