Is 80640, 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, 80640 has remained a Seller's Market.
Housing Prices in 80640, CO
How much do homes in 80640, CO cost?
Median Sold Price
$504,500
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 80640 was $504,500 in April 2024, down 4.8% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $382.2K | $413K | +8.0% |
3 Bedrooms | $496.5K | $495K | -0.3% |
4 Bedrooms | $590K | $540K | -8.5% |
5+ Bedrooms | $600K | $610K | +1.7% |
Summary: 80640 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 increased by 8%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in 80640, CO
How many homes are available in 80640, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 54 | +25.6% |
Summary: The 80640 real estate market had 54 homes for sale in April 2024, a 25.6% 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 | 5 | 6 | +20.0% |
3 Bedrooms | 24 | 29 | +20.8% |
4 Bedrooms | 11 | 16 | +45.5% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 80640 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 20%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 26 | +766.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 80640 in April 2024, up by 766.7% month-over-month. Of the 26 sold homes, 31% were sold under asking, 46% were sold at asking, and 23% were sold over asking.
Days on Market for 80640, CO
How long does it take to sell a home in 80640, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 29 Days | -17.1% |
Summary: Homes in 80640 had an average of 29 days on market in Apr 2024, down by 17.1% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in 80640; 73% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.