Is 80525, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 80525 has remained a Seller's Market.
Housing Prices in 80525, CO
How much do homes in 80525, CO cost?
Median Sold Price
$586,200
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 80525 was $586,200 in May 2024, up 6.6% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $280K | $251.4K | -10.2% |
2 Bedrooms | $382.5K | $355K | -7.2% |
3 Bedrooms | $536K | $539.7K | +0.7% |
4 Bedrooms | $630K | $675K | +7.1% |
5+ Bedrooms | $725K | $754.2K | +4.0% |
Summary: 80525 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.2%, 2 bedroom homes decreased by 7.2%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 4%.
Housing Supply in 80525, CO
How many homes are available in 80525, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
185 | 236 | +27.6% |
Summary: The 80525 real estate market had 236 homes for sale in May 2024, a 27.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 27 | 35 | +29.6% |
3 Bedrooms | 63 | 86 | +36.5% |
4 Bedrooms | 62 | 72 | +16.1% |
5+ Bedrooms | 29 | 39 | +34.5% |
Summary: The 80525 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 29.6%, 3 bedroom homes increased by 36.5%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 34.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
59 | 74 | +25.4% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 74 homes were sold or pending in 80525 in May 2024, up by 25.4% month-over-month. Of the 74 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.
Days on Market for 80525, CO
How long does it take to sell a home in 80525, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 40 Days | +15.8% |
Summary: Homes in 80525 had an average of 40 days on market in May 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 74 homes were sold in 80525; 42% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.