Is 80525, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80525 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 80525 has remained a Seller's Market.

Key Takeaway

80525 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$36,200(+6.6%)

Key Takeaway

Homes in 80525 have sold for 6.6% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $280K$251.4K
-10.2%
2 $382.5K$355K
-7.2%
3 $536K$539.7K
+0.7%
4 $630K$675K
+7.1%
5+ $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%.

Median Sold Price Compared To Nearby Zip Codes

80525
+6.6%
80526
+1.0%
80550
+0.8%
80528
-4.5%
80547
-9.9%

Housing Supply in 80525, CO

How many homes are available in 80525, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
185236+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

# BEDSApr 2024May 2024CHANGE
1 44
0.0%
2 2735
+29.6%
3 6386
+36.5%
4 6272
+16.1%
5+ 2939
+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 2024May 2024CHANGE
5974+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80525, you may be able to get a good deal. 39.2% of homes here sold below asking price last month.

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 2023May 2024CHANGE
35 Days40 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80525 has remained consistent over time.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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