Is 80601, 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, 80601 has remained a Seller's Market.
Housing Prices in 80601, CO
How much do homes in 80601, CO cost?
Median Sold Price
$520,935
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80601 was $520,935 in April 2024, up 2.1% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $375K | $370K | -1.3% |
3 Bedrooms | $480K | $490K | +2.1% |
4 Bedrooms | $550.8K | $559K | +1.5% |
5+ Bedrooms | $572.8K | $604K | +5.4% |
Summary: 80601 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 1.3%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 5.4%.
Housing Supply in 80601, CO
How many homes are available in 80601, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
159 | 233 | +46.5% |
Summary: The 80601 real estate market had 233 homes for sale in April 2024, a 46.5% 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 | 7 | 14 | +100.0% |
3 Bedrooms | 68 | 95 | +39.7% |
4 Bedrooms | 70 | 92 | +31.4% |
5+ Bedrooms | 14 | 32 | +128.6% |
Summary: The 80601 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 39.7%, 4 bedroom homes increased by 31.4%, and 5+ bedroom homes increased by 128.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 48 | +200.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in 80601 in April 2024, up by 200.0% month-over-month. Of the 48 sold homes, 21% were sold under asking, 54% were sold at asking, and 25% were sold over asking.
Days on Market for 80601, CO
How long does it take to sell a home in 80601, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 39 Days | +36.5% |
Summary: Homes in 80601 had an average of 39 days on market in Apr 2024, up by 36.5% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 48 homes were sold in 80601; 63% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.