Is 80004, 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, 80004 has remained a Seller's Market.
Housing Prices in 80004, CO
How much do homes in 80004, CO cost?
Median Sold Price
$645,000
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 80004 was $645,000 in May 2024, up 1.7% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $330K | $415.2K | +25.8% |
2 Bedrooms | $439.5K | $460K | +4.7% |
3 Bedrooms | $610K | $600K | -1.6% |
4 Bedrooms | $645K | $661.5K | +2.6% |
5+ Bedrooms | $690K | $685K | -0.7% |
Summary: 80004 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.8%, 2 bedroom homes increased by 4.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in 80004, CO
How many homes are available in 80004, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
127 | 162 | +27.6% |
Summary: The 80004 real estate market had 162 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 | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 15 | +15.4% |
3 Bedrooms | 40 | 49 | +22.5% |
4 Bedrooms | 44 | 58 | +31.8% |
5+ Bedrooms | 29 | 39 | +34.5% |
Summary: The 80004 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 15.4%, 3 bedroom homes increased by 22.5%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes increased by 34.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
44 | 48 | +9.1% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in 80004 in May 2024, up by 9.1% month-over-month. Of the 48 sold homes, 38% were sold under asking, 21% were sold at asking, and 42% were sold over asking.
Days on Market for 80004, CO
How long does it take to sell a home in 80004, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
14 Days | 16 Days | +14.4% |
Summary: Homes in 80004 had an average of 16 days on market in May 2024, up by 14.4% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 48 homes were sold in 80004; 81% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.