Is 80634, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80634 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 80634 has remained a Seller's Market.

Key Takeaway

80634 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80634, CO

How much do homes in 80634, CO cost?

Median Sold Price

$439,916

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$4,621(+1.1%)

Key Takeaway

Homes in 80634 have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in 80634 was $439,916 in May 2024, up 1.1% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $250K$254.5K
+1.8%
2 $325K$325K
0.0%
3 $429.3K$425K
-1.0%
4 $467.2K$464.9K
-0.5%
5+ $485K$495K
+2.1%

Summary: 80634 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes did not change, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Zip Codes

80631
+1.7%
80634
+1.1%
80550
+0.8%
80620
-1.5%
80543
-4.5%

Housing Supply in 80634, CO

How many homes are available in 80634, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
328366+11.6%

Summary: The 80634 real estate market had 366 homes for sale in May 2024, a 11.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 3554
+54.3%
3 153135
-11.8%
4 94106
+12.8%
5+ 4469
+56.8%

Summary: The 80634 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 54.3%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 56.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE
106110+3.8%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

35 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80634, you may be able to get a good deal. 37.3% of homes here sold below asking price last month.

Summary: A total of 110 homes were sold or pending in 80634 in May 2024, up by 3.8% month-over-month. Of the 110 sold homes, 37% were sold under asking, 32% were sold at asking, and 31% were sold over asking.

Days on Market for 80634, CO

How long does it take to sell a home in 80634, CO?

Average Sale Time

May 2023May 2024CHANGE
40 Days60 Days+48.5%

Summary: Homes in 80634 had an average of 60 days on market in May 2024, up by 48.5% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

59 Homes Were Sold
In 30 - 90 Days

20 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80634 has remained consistent over time.

Summary: During May 2024, 110 homes were sold in 80634; 28% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 18% 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 2 Days Ago

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