Is 80603, 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, 80603 has remained a Seller's Market.
Housing Prices in 80603, CO
How much do homes in 80603, CO cost?
Median Sold Price
$488,000
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80603 was $488,000 in April 2024, up 0.4% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $405K | $380K | -6.2% |
3 Bedrooms | $472.5K | $459K | -2.9% |
4 Bedrooms | $486.1K | $511K | +5.1% |
5+ Bedrooms | $582.5K | $1.1M | +98.6% |
Summary: 80603 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 6.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 98.6%.
Housing Supply in 80603, CO
How many homes are available in 80603, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 78 | +50.0% |
Summary: The 80603 real estate market had 78 homes for sale in April 2024, a 50.0% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 20 | 34 | +70.0% |
4 Bedrooms | 22 | 28 | +27.3% |
5+ Bedrooms | 9 | 15 | +66.7% |
Summary: The 80603 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 increased by 70%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 22 | +144.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 80603 in April 2024, up by 144.4% month-over-month. Of the 22 sold homes, 27% were sold under asking, 59% were sold at asking, and 14% were sold over asking.
Days on Market for 80603, CO
How long does it take to sell a home in 80603, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 41 Days | +114.9% |
Summary: Homes in 80603 had an average of 41 days on market in Apr 2024, up by 114.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 80603; 55% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.