Is 80301, 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, 80301 has remained a Seller's Market.
Housing Prices in 80301, CO
How much do homes in 80301, CO cost?
Median Sold Price
$750,000
$428/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 80301 was $750,000 in May 2024, up 7.1% from last year, and the median price per square foot was $428.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $310K | $325K | +4.8% |
2 Bedrooms | $429.9K | $428K | -0.4% |
3 Bedrooms | $864.5K | $846.2K | -2.1% |
4 Bedrooms | $1.1M | $1.2M | +11.1% |
5+ Bedrooms | $1.5M | $1.4M | -5.6% |
Summary: 80301 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 5.6%.
Housing Supply in 80301, CO
How many homes are available in 80301, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
127 | 163 | +28.3% |
Summary: The 80301 real estate market had 163 homes for sale in May 2024, a 28.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 8 | -20.0% |
2 Bedrooms | 41 | 54 | +31.7% |
3 Bedrooms | 16 | 30 | +87.5% |
4 Bedrooms | 35 | 40 | +14.3% |
5+ Bedrooms | 25 | 31 | +24.0% |
Summary: The 80301 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 31.7%, 3 bedroom homes increased by 87.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 24%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 29 | 0.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 80301 in May 2024, the same as the previous month. Of the 29 sold homes, 48% were sold under asking, 38% were sold at asking, and 14% were sold over asking.
Days on Market for 80301, CO
How long does it take to sell a home in 80301, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 57 Days | +99.7% |
Summary: Homes in 80301 had an average of 57 days on market in May 2024, up by 99.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 29 homes were sold in 80301; 41% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.