New - 11 hours on Rocket
$5,166 Closing Credit¹
Joseph Alvine, Listing Office: LIV Sothebys I.R.
80498 Housing Market Report December 2024•Summit County, Colorado
Housing Prices in 80498, CO
How much do homes in 80498, CO cost?
Housing Market Conditions
Is 80498, CO a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
80498 is a Seller's Market
Difference Since December 2023
At the same time last year, 80498 was a Buyer's Market.
Insight
80498 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$1,147,500$642/SqFt
-$277,500
-19.5%
Based on all homes sold in the last 12 months
Insight
Homes in 80498 have sold for 19.5% less than they did a year ago.
Summary: The median home sold price in 80498 was $1,147,500 in December 2024, down 19.5% from last year, and the median price per square foot was $642.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $437.5K | N/A |
| 22 Bedrooms | $855K | $565K | -33.9% |
| 33 Bedrooms | $2.0M | $1.2M | -40.6% |
| 44 Bedrooms | $1.8M | $2.2M | +18.7% |
| 55+ Bedrooms | - | $1.7M | N/A |
Summary: 80498 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -33.9%. The home price for 3 bedroom homes decreased by -40.6%. The home price for 4 bedroom homes increased by +18.7%. The home price for 5 bedroom homes did not change.
Housing supply in 80498, CO
How many homes are available in 80498, CO?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 75Last MonthDec 2024 | ||
| 832 months agoNov 2024 | -9.6 % Change MoMNov – Dec |
Summary: The 80498 real estate market had 75 homes for sale in Dec 2024, a 9.6 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthDec 2024 | ||
| 142 months agoNov 2024 | -7.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 5 | 5 | 0.0% |
| 22 Bedrooms | 28 | 28 | 0.0% |
| 33 Bedrooms | 19 | 17 | -10.5% |
| 44 Bedrooms | 21 | 15 | -28.6% |
| 55+ Bedrooms | 10 | 10 | 0.0% |
Summary: 80498 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -10.5%. The inventory for 4 bedroom homes decreased by -28.6%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 80498, CO cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price8 Homes
Insight
If you're buying a home in 80498, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 80498 in December 2024, down by 7.1% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and and 23% were sold over asking.
Days on Market for 80498, CO
How long does it take to sell a home in 80498, CO?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days3 Homes
Over 90 Days8 Homes
Insight
Most homes in 80498 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 13 homes were sold in 80498; 15% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 62% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 101 DaysThis YearDec 2024 | ||
| 194 Days1 year agoDec 2023 | -47.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 80498 had an average listing age of 101 days in Dec 2024, down by 47.6% compared to the previous year.
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Newest Listings in 80498, CO
What homes are available in 80498, CO?
New - 18 hours on Rocket
$10,000 Closing Credit¹
Kelly Gafa, Bryce A. Rothenberg, Listing Office: Colorado R.E. Summit County
New - 1 day on Rocket3D tour
$10,000 Closing Credit¹
Eric Dahman, Morgan Storch, Listing Office: Breckenridge Associates R.E., Coldwell Banker Distinctive Properties
New - 2 days on Rocket
$5,629 Closing Credit¹
Cynthia Gordon, Listing Office: Cynthia Gordon
New - 2 days on Rocket
$8,657 Closing Credit¹
Mark Baumann, Listing Office: Slifer Smith & Frampton R.E.
New - 4 days on Rocket
$6,483 Closing Credit¹
Jonathan Whinston, Listing Office: Re/Max Properties/66
New - 5 days on Rocket
$5,344 Closing Credit¹
Henry E. Barr, Mike Bohlender, Listing Office: Re/Max Properties/66
New - 7 days on Rocket
$5,094 Closing Credit¹
Sarah Barclay, Listing Office: Slifer Smith & Frampton R.E.
$5,936 Closing Credit¹
Cynamin R. VanLue, Listing Office: Code of the West Real Estate
$5,094 Closing Credit¹
Stewart Voutour, Listing Office: Slifer Smith & Frampton - Summit County
$5,936 Closing Credit¹
Cynamin VanLue, Listing Office: Code of the West Real Estate
$5,094 Closing Credit¹
Stewart Voutour, Listing Office: Slifer Smith & Frampton R.E.
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Based on information from Summit MLS Inc, REColorado, Colorado Real Estate Network Inc., and Pikes Peak MLS / Colorado Springs Realtor Services Corp. for the period 01/01/2023 - 01/01/2025
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PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 1/29/2025, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.